As broker's we are subject to strict compensation guidelines that are more stringent than banks too so that works out well for you in most cases.

For single-purchase raises for a specific asset it seem that best from the perspective of the promoter would be defined as:Least transaction costs and friction for presenting deal to investorsBroadest possible audienceLowest cost of capitalAdequate protection from lawsuits or legal risk both at the time of subscription and on a go-forward basisHighest likelihood of finding or maintaining relationships with investors for the longest period of time possible The motivation for a blind pool would be largely the same, but one would place more emphasis on the ability to forge long-lasting relationships with investors so they'll continue to invest in future placements or deals in general.

Ron I can't give legal advice.I will say that I deal with attorneys for my clients on commercial deals and some are good and some are amazing.

Off the top of my head, I am uncertain if there is anything in the property sale/transfer process or legal system in Québec which would make wholesaling more or less an option in la belle provence.

Mobile Home is outdated and was legally changed to Manufactured (after new regs came out in late 75).

An earnest money deposit may not be required in your state to form a legally binding contract.

I had a similar deal and had to go back to the original purchase that started the mess and reconstruct everything and when all was said and done, none of the supposed heirs had a legal interest.

Hey Kirk I actually was considering the classes mainly for the education, terms, understanding contracts, legality etc....

I find several seasoned investors spouting off to newbies that really have no clue what they are talking about and it's very dangerous.If you are involved in a real estate deal in any way, you can be sued, and will be if you don't offer the suggestion that she get legal help before she does ANY deal.

Initially, it's more important for newbies, unfamiliar with business requirements to consider taxes at a lower initial or beginning level, access with cash flow, ease of maintenance of records, tax filings, legal work and administrative filings and duies.