If indeed it was the properties spoken of as 50% then Bill's suggestion will solve that as well as making sure that the surviving person is the beneficiary of the insurance policy along with a power of attorney for the business affairs in the case of death or other incopasitating injury.

I would switch it around and have the agent represent the seller and you be unrep'd The agent shouldn't have a problem with dual rep'ng if they disclose and the seller doesn't have a problem, certainly you don't since the lender is typically paying the A-B side's commish anyways.

if it works, power to you man....i belive it was tim who suggested to get out there and put something under contract...make something happen....why are you so bent on waiting a full year??

They know where their parents power tools and crow bars are stored and they know how to use them. #2 is the homeless.

If you are doing an A-B and B-C(you buying, then turning around and reselling it) then you need to have the title company hold his deposit and try to close things as tight as possible.

They had the power turned off and left a ton of food in the fridge.

Whatever your critique of realtors might be, most of them can make a reasonable sounding pitch when it comes to their own best interests.Realtors are also a very powerful lobby group in D.C.

Just goes to show how helpful and powerful this online community really is.

How should i evaluate this potential investment or better yet what should i offer to make it a good investment.2 legal unit multifamily in a B area.

I think where many make a mistake is trying to fit one situation into a way everyone should invest.In the multi-family arena most small investors will not pursue class A properties.The reason is they will lose out to Reit's,pensions,hedge funds every day of the week.These companies will seek SAFETY for MARGINAL returns to place their money.They are into wealth preservation with small growth instead of wealth creation.This is why I get calls from investor groups looking for B,C buildings with an A,B,C location.They don't go after A's because the returns don't justify their investor pools guidelines for acquisition.I have investors from California,New York etc. contact me every week looking for property here in Ga.