Asset protection is a specialty so unique that even between lawyers there is a select few that really know their stuff.I understand you took years out of your life to learn and master the lien laws in MD but how many of the posters in BP have that kind of experience and knowledges?

Hi guys,  my son-in-law talked to one of the lawyers that he works for and he stated that I would not owe him a deposit back?

Still, check with a lawyer in your state.

LOL I've come to loath lawyers and take what they say with a grain of salt.  

In this case, they should give the downpayment to your lawyer to hold in escrow until the time of closing.

You are expecting a legal dispute so contact a local real estate lawyer and get an informed opinion.

Some people might lose their cool on me/us for saying needing a lawyer for this situation is overkill.

BEWARE: Direct Commercial Funding Inc (Houston) requires you to sign notarized papers that you’re not allowed to sue them or leave any negative reviews or else you’ll be sued in court yet they retain the right to sue you.I can make no claims about the legitimacy of their business, you will have to make your own conclusions based on publicly available evidenceLuckily i pulled out of the deal in time thats why you can’t find any bad reviews for Direct Commercial Finding aka Calvin Blake.The same day i withdrew my application Calvin had his lawyer send me a demand letter and threaten to sue me.DO YOU WANT TO RISK GIVING MONEY TO A COMPANY THAT MIGHT SUE YOU?

I am planning to get a lawyer to review or create something but it would be awesome to have something proven that could be taken for review for wholesaling in Texas.

But tenants easily cry "lawyer".The lesson learned, for us, is to do periodic inspections and see what's going on before the final walkthrough.