For example they might do 300k a year in sales with for the most part divided evenly among 12 months or they might have one or two events annually where they do 75 to 80% of their business.Those types of businesses are high risk as they will do really good or be in a bunch of trouble.

A little bit of planning for the event will yield much better success.

Bryan Hancock, count me in for the Austin event.

There may be events where your brother or sister may need to show this transaction being at arm's length and a note was made to finance the transaction.b.

I'd rather over insure then be stuck with a bill after a catastrophic event.

So long as the note is not in default, consideration has been exchanged, the note for the Option, in the event the note is in default then consideration is not being paid as required.

Andrew Herrig I attend the TXREIC events on a regular basis.

Unless there is some kind of exception to the Colorado SAFE Act (like you can use a "hired" MLO) your chances of finding a lender for an OO purchase are slim.Off the top of my head Alternatives (for you and your attorney to discuss): buy the property in an LLC or other "non-person", have the lender lend to the LLC, and have LLC membership/ownership as you and your wife, with an additional member being the lender upon your demise (or other events (including insolvency, etc.))

I would guess a wholesaler getting sued is a very rare event.

Kyle,Welcome, the best thing to do is to attend local Real Estate Investment Clubs and other networking events.