In your experience, would a lender be inkline to helping him for a short period of time if he was able to present the purchase and sale agreements he had in his pipeline?

I know the form hasn't been released yet, but I wrote it into the operating agreement for my LLC and plan to use the form once it comes out.

Tough to make a call on this one but you might save the relationship if you sat down with the GC and poured over every detail on what has been paid out (down to the last cent) and then come to an agreement on what is owed back to you from the initial $15k. 

If anybody has an co wholesale agreement contracts send them over would be appreciated

I think including a preferred return into the operating agreement so as to cash out my colleague first if/when the property eventually sells seems good.

That said, they can do very little to prevent you from having a “roommate” or havIng a relative live there - you’ll have to find a tenant willing to support that they are sharing the unit with you if questioned and you could draft a roommate “share” agreement rather than a lease for that fIrst year.

2 Bigger Pockets Investors looking for a partnership agreement for a potential rental property.  

I exchange/collateralize my income property at current market value for cash to another company called ABCTerms..ABC owns title of the property.Under the operating agreement of ABC I will be asset manager owning 50% cash flow and tiered getting less cash flow year after year.

I live in northern Canada (so I understand there are legal differences from our neighbours to the south) and would like to start a real estate investing corporation with a few coworkers.We would be a group of about 5-7 individuals investing in Canada with options to spread into the States if things go well.What I would like advice on is what kind of verbiage to include in our contractual agreement (bylaws, unanimous shareholder agreement, etc.).

Need Advice from someone who has been in a similar situation.We had an Agreement of Sale to purchase a property between the owner and my LLC.