Any pertinent clauses to write into the contract if this works out?

I was thoroughly impressed by the writing and the very knowledgable conversations that took place in the comments section afterward.

If the market goes sideways and then down, you'll lose a lot more than a tax write-off for $28,000 in commissions.  

For me, I lay out a very specific scope of work and then create a draw schedule based upon completed work that we have agreed to in writing.  

The book goes into more detail and you can also use the search function to learn more about the following strategies.1.

Can I have an agreement with the seller that says they will pay $15,000 of their net and pay closing costs and we write up an agreement for $115,000, assuming 115k is 70% of the Value of the property?

And any partnership, as you know, must be in writing.

I’m beginning to think it’s not worth my time to visit this list, since I’d rather focus on NODs or NOTs.Driving for $I’m writing houses that look like they’re in bad shape down and classifying them A B or C quality leads.

@Will Johnston - You write off 100% of the interest on your Schedule E, regardless of what you do with the funds you got from the cash out refi.  

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