I keep hearing about wholesaling bordering on the line of brokering, where can you get in trouble and not get in trouble.Can you only market the property if you have a written agreement, option, or contract?

It got time for me to sign a listing agreement with her.

I ask for CURRENT rent roll, last prop tax statement, year to date P&L's previous years P&L's, recent insurance statement, previous 6 months utilities bills, property management agreement, & current rental agreements.Keep in mind that sellers can "fudge" some numbers to make the NOI look better.

I view non-productive agents complaining about splits the same way that I would view an unemployed person complaining about minimum wage.

My understanding, cash out refi's are requiring a minimum of 6 months and lots of 12 month seasoning requirements.If you only need say 50% cash out, why not get loan approval on a 50% LTP (loan to purchase) and convince the seller that 50% cash down will get loan approval.

He said hiring an attorney to do what is needed here is too expensive, to just use that purchase agreement and a title company.

Maybe an option to purchase agreement can be written so that I can sell the option to purchase to another person?

Whatever doesn't come in to pay off the balance is what the deficiency agreement will be.

We want to put a minimum investment of $250K, because our rationale is that anyone putting up that kind of cash will not be as focused on a daily basis of "what their money is doing" etc.

I try to keep 3 months expenses, minimum, liquid.