Hello BiggerPockets, Currently looking for recommendations on a Corporate structure attorney in NJ who specializes in business matter.

Hey BiggerPockets,Currently looking for recommendations on a Corporate structure attorney in NJ who specializes in business matters.

I did corporate America for 10 years, lead sales teams, marketing teams, operations and start upsDuring that time I dabbled in Real estate - dabbled for years.

Well, if you’re assigning the contract then Of Course they need to see the contract you are selling them, as that is what they will be obligated to.....it could be QCD, not call for clear title,  lease back to seller, etc. 

Buy and HoldSource of down payment funds, if applicable: own funds, 401k or secured borrowed funds (HELOC, etc)Income Source: Salaried – Long term stable job as an engineerGross monthly income (optional): $>200kMonthly debt obligations appearing on credit report, plus (if applicable) personal rent and alimony/child support/etc: $ 1000/monthFICO: Excellent, Credit issues: noneAdditional details: Would like to make the business international in the long run.

That just seems cost prohibitive to have a monthly obligation "just" for this one use.Thoughts?

Your tenant and you (via your PM) have a contractual obligation to one-another which has been breached, so you go after the tenant and then its their responsibility to go after the 3rd party who reversed payment, assuming that person was under some sort of obligation to pay the rent via an agreement between  the tenant and that 3rd party.

@Wayne Brooks yes I am aware that contracts state its the sellers obligation to deliver clear title.

Sometimes I might find something on Zillow and Corporate Housing and we have rented from property management groups as well.

@Matt WardWith $1mil you will give you 2 choices Choice 1- Be independent: You could buy a single tenant building around $3 to $4mil with a long term national retailer that pays NNN with a corporate guarantee for 10 to 15 years This will give you easily 10% cash on your cash plus principal reduction and no tax due to depreciation etc so you could be making a clear $100k a year with no work Problem is what happens 10 to 15 years later if Tenant does not renew?