@Janelle JamesDo you have the property under contract already?

@saj s - I just got into a contract on a 2 unit in Oakland and would love to chat.

I spoke with a project manager who assures me that they do fix and flips all the time, and they are NOT worried about getting paid so long as there is a contract in place.2) Use the HML to finance the purchase ONLY ($43K), and work with a contractor that offers financing, preferably at a lower interest rate than you'd get from rolling the rehab into the HML.

Just have a lawyer make a joint venture contract where the details are spelled out.

I most certainly won't let fear get to me and at some point very soon I am going to graduate from just  studying and proceed with marketing and drawing up contracts!

I just tell them to write it up the contract in email and give them a price 10% over FMV.

Where the best location too find standard & detailed renters contract online Also advice on protective verbiage I should look for within contracts based on past experiences you’ve had. i.eVerbiage concerning damages , deposit , breaking lease , Landscape maintance meeting HOA.

I am not sure of all the legal ins and outs and why I would want to pay twice as much for insurance.

You’ll probably have better tenants there and less risk of a soldier getting out of contract if they get deployed.

Hey guys, I am from the Chicago suburbs area and I am involved in general contracting!