Does anyone have a good sample letter that lists the deposit, the fees deducted, etc. that I can download?

(I think most are good but there are some issues - for example, the private lender definition IMO shouldn't specify lending to LLCs only)https://nplaonline.com/wp-content/uploads/2023/06/NPLA-Priva...Sample (full link above)BrokerAn intermediary who connects borrowerswith lenders, helping to facilitate loantransactions and negotiate terms.Correspondent LenderA financial institution that originates andfunds loans on behalf of a larger lender,such as a bank or mortgage company, withthe larger lender purchasing the loansshortly after closing.Direct or Retail LenderA lender that originates and funds loansdirectly to the borrower rather than workingthrough intermediaries such as brokers orother financial institutions.Private LenderAn individual, group, or company thatprovides 1-4 family and/or small balancemultifamily/commercial property loans forreal estate transactions.

Hi BPers, can anybody share a sample JV / Operating Agreement for flipping?

I was wondering are there any sample contracts that I can use to begin my journey.

Lets use 306 Deal Ave in Neptune, New Jersey as a sample.

That rock solid $8 Million, recently rehabbed, fully leased, Manhattan SFR that you only need 50% of LTV, when you have done 30 flips before and your credit score is 850 and you can give the HML what he considers ample time to do due process, underwrite and close, will give you a heck of a lot more chance of said HML exercising his (or his CEO's) discretion...... than when you are barely scraping the minimum $75K loan size, have no experience, the property is in Nowhereville (Population 3.), you have a credit score of 420 with a recent foreclosure, you demand the money in small unmarked bills in 48 hours, will complain over every fee, point and percent including spending hours on the phone arguing that the lender has to pay the appraiser and why should you provide any docs whatsoever, and by the way you can't speak now because you are busy running narcotics across the border at the moment on the run from the military, and the lender can just tell that you are the horror customer that will take up weeks of his time and grey the last remaining follicle on his head all for a massive $1.95 of personal commission.;) 

After doing this written exercise on my fear of investing in real estate, I've been able to completely dismantle it.

That was due to  fairly small sample with some very expensive lodges on the lake that skewed the results much higher than it should be.

Over the course of my investing career there, I've met so many of them over the years I probably have a statistically representative sample here.

If the tenant-buyer exercises the option, the property is sold to them at the agreed upon price, and the deed is then transferred to the tenant-buyer.