The following terms are applicable to this contract:1)Closings costs, attorney fees, title fees and other miscellaneous costs are to be paid in the following fashion ____________________________________________________________________________________________________________________________________________________________________________2)Any taxes owed will be appropriately prorated between parties at closing.3)Closing to be set as soon as possible for all parties, but no later than ____________________________without written addendum to this agreement.4)Property sold “as is” with no warranties implied or stated from seller.5)Earnest money to be held in escrow by buyer’s closing attorney:_________________________________________________________________6)Earnest money non-refundable to buyer unless title is non-conveyable or seller not available to close within time period of this contract.7)This contract is contingent upon clear title and final inspection of the property by buyer or buyer’s agent before closing.8)Legal consideration for this agreement is ten dollars ($10.00).9)Seller to provide buyer with permission to access property solely for purposes such as evaluation of repairs needed, appraisal of said property for securing financing, and professional advisement on resell of property.If property is vacant, Seller shall provide Buyer with a key to access property specifically for the reasons above.10)Any furniture, fixtures, attachments, and debris located in and around property not removed within day of closing become ownership of buyer.11)ADDITIONAL TERMS: ____________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________BUYER: _____________________________________________DATE: _________SELLER: _____________________________________________ DATE: _________SELLER: _____________________________________________ DATE: _________

You have to run background checks and pay the crowdfunding portal.So by the time a real estate investor pays all of these costs, they might as well borrow hard money, given time and complexity considerations.

The title company may get confused and throw up a roadblock since paying a commission to an unlicensed 'agent' would be frowned upon.They can put your "assignment consideration" or "assignment fee" as a 1 liner on the HUD-1 (line 215, not on the second page).

Obviously we'll both pay taxes on our portions of the profits at ordinary income levels, any other considerations?

A good friend and I will be investing in the same market, not really a partnership but sharing ideas, contacts and deals under consideration.

For a contract to be legally binding, you must have "consideration," but that consideration doesn't need to be cash.

Hi Per,What type of properties have you bought the last 10 years.I can't really answer your question without knowing what type of asset class you are looking into for investments.For example considerations will have commonalties among asset classes (retail, office, SFR, land, industrial, multifamily, self - storage, etc.) but there will also be many unique attributes that are key to look at for each individual asset class.This is why using specialist depending on property types is essential to not overlook things to analyze and take into consideration.

@Howard GreismanWith regards to considerations in choosing a Solo 401k provider:Of course, the threshold considerations are whether (i) you are eligible (i.e. self-employed with no full-time w-2 employees) and (ii) retirement funds in an account that you can rollover (i.e. former employer plan and/or non-Roth IRA that is invested in investments that can be liquidated an acceptable cost).Assuming that you cross these threshold issues, here are some additional comments/considerations:1.

First document 5/10/2004 - Mortgage3 - lists consideration of 1,640,000.00 Guarantee=Gn Mortgage Second document 6/7/2004 - Mortgage3 - lists consideration of 25,000 Guarantee= US Bank The parcel is the same for both documentsThis properties ARV is near the 140-180K range.Unfortunately I mistakenly close the window before I could copy or look closer at the first document.

Septic installation is a considerable expense, running $9-14k depending on need for a pump, etc.