An EAT that satisfies the requirements of a QI under the deferred exchange rules may enter into an agreement with the taxpayer to serve as the QI in a simultaneous or deferred exchange of the property.b.

That might be a way around the 'lender' and setting up an equity share agreement with your parents may help you avoid any estate misunderstanding problems with siblings down the road. 

Have you documented in your operating agreement anything about that or about how you conduct your money flow (lending)?  

In your opinion, when considering the wholesaling business as a whole (from marketing tactics to purchase agreement assigning) what's the biggest problem that no one is talking about, that if solved, would make an impact for the better?

Do you have a written agreement with the other party on what responsibilities you will share. 

. $150k agreement purchase price and market level is in the high $200k’s.

I prepared a draft purchase agreement that includes the following sections: property info, sales price, closing info and earnest money deposit, home inspection contingency, prorations of taxes and rent, risk of loss for damage during sale, possession when title transfers, closing contingent on clear title and no unpaid taxes or utilities, property sold "as-is," and transfer of rental documents and security deposit.  2.

The purchase contract and the agent agreement has been signed.

@Drew Sygit - I am being told it's so they can't back out of the option agreement 

@Lamont MarableIt should all be spelled out in the initial agreement that is signed.Loan agreement - It should mention when interest is paid and when the principal payment will be paid backLLC Agreement/Partnership agreement - It should list when distributions will be made.