The person above in this thread is 100% correct recent laws have made using buyers money to close out contract with seller is now deemed illegal and cannot be done but there is a way around that like everything else.if you want to maintain the old tradition of using the buyers cash to close out your contract with the original seller what you will have to do to stay within the law the new law that is, is to have your lawyer write out a promissory note to the cash and buyer securing them with your equitable interest making that cash buyer a temporary lender.

@Bill QuigleyI’m thinking that paying him the 2 grand agreed on for this progress instalment is the much cheaper option than paying a lawyer the 3 grand upfront retainer.

I strongly considered suing, going as far as contacting a few lawyers, but ultimately declining not to.Now there are cracks in some walls and a few doors won't stay closed.

You need to talk to a CPA and maybe a lawyer about this.

I can recommend a local lawyer that specializes in landlord tenant law.

I don't have a company set-up, haven't spoken to a lawyer or accountant, and currently don't have much capital to start with (about $7K) but I'm going to find my way in.

I am not a lawyer, but I would be very careful about going this route.

Also, any good lawyers you can recommend? 

Hello all,After a few months of having a property under contract and waiting for lawyers and title to clear everything we are finally ready to close on an investment property.

Then their lawyer operator left and was replaced and low and behold I was able to do single closings.