Just got off the phone with @Brian Gibbons because I want to make certain that I CLOSE my 3 LEASE OPTION ASSIGNMENT DEALS and also AVOID ANY ISSUES WITH DODD FRANK, SELLER FINANCING LAWS, etc.This thread will document our progress.

After we agreed on the terms the process was pretty quick about 2 weeks total after passing documents back and forth.

Then when they threaten to call the cops, let them, I encourage it after folks can't get along, then I can take acrion easier with documented police report as opposed to a he said she said situation.

No other REIA can document that type of success.We're a little different than moans REIAs in that we own our own training facility, and our members are pretty serious about this business, which is not true of everyone who hangs out at Meetups and message boards.For a complimentary guest pass, and to see some local success stories, go to:http://www.dcreia.comWould love to introduce to several of our members who are making it happen, not just talking trash...

They were very hands on and that made the setup of the bylaws documentation, checkbook opening and transferring assets to it to use, very easy.

How would I document this in Quickbooks?

You can look at the docket history to find the one document that speaks of the property - or at that point you will have the name of the trustee and can call their office for more information.

(he's documenting it here on BP and also The Scott Pad Adventrues!

I know some title companies in Chicago do want to see the separation by 2-3 days, but again that is a situation where they are not competent or comfortable enough that they can document that there were two distinct transactions which were separately funded, the first by you with transactional funding and the second with other funds from your end buyer.

He showed us the whole process, all documentations.