Explaining the concept of grass-fed beef, no preservatives, lean, the flavor...

or didn't understand the concept, even when I explained it.Thanks,- Josh Green

Keep in mind that i am a person that's more likely to get excited with actual details than the concept; i.e, i ask "how did you sell this house without making any improvements to it", rather than "how does flipping work".

We might understand the word(s) but the whole concept and when best applied is a deeper subject.In the beginning of learning creative real estate we can all get a bit antsy and want to get ROCKIN' & DOUGH'IN however the wisest move is to tame those rockets and study then choose a real estate niche (super important in the beginning imho) and WORK IT.

Edward, you need to get a hard money lender to provide you with proof of funds, then make an all cash offer with the proof of funds and a check for earnest money of a small amount like $5K if possible.

In concept what you want to do is a great Idea but many attorneys simply aren't aware of the SEC regulations required if it is not their primary area of practice. 50/50 is a typical split between and working partner and a money partner.

Edward Beard I had a similar experience.

And I believe the concept of "intent" comes into play.

The Gift Letter concept from a bank perspective is to eliminate any potential senior interest in the real property.

(this is the same concept though not as extreme as venture capitalist work).