I know there,s many gurus preaching otherwise - it just doesn't work for me personally.The only thing I would suggest to someone with no money is to gat a partner who does.

I don't have this $10,000 so I'd like to have a partner put up this money while I do the work involved.

If someone would like to partner up with me on these, let me know.

Does anybody know of cases where courts have found such lines as "contingent upon partner's approval" or "contingent upon securing financing" to be weasel clauses?

On the buy side, if you lack cash or credit, you may want to look into creative acquisition strategies such as sub2 or buy with money partners.

Forming a partnership makes each partner equally liable for all the other partners - - check this with your personal attorney for ALL the details.There are two reasons for legal entities of any form:to define the relationships between the parties and the economics of the entityto isolate ones personal life from the professional activities, including liability of the entity from reaching back into your personal life/assets.

Basically as I read it, The Dept Of Treasury is your capital partner.

Get a money partner, borrow from a private money lender (SDI owners, 401ks, CD's, cash, etc) or get under contract and flip contract.

Just locked up a property with a partner.

:mrgreen:

http://news.yahoo.com/s/ap/20090327/ap_en_ce/spelling_mansion_for_sale