Hello BP community, How would one go about setting up a letter of intent? Should I contact a lawyer or just type up an offer

My first potential deal I have is for what I know will be a short sale, any advice for a beginning investor on what I should be looking out for? 

Investment Info:

Single-family residence wholesale investment.

Purchase price: $255,000

Cash invested: $100

Sale price: $260,000

3 /1 894 sqft

What made you interested in investing in t...

We have a house that is off Ashley phosphate for sale for $300, with a remodeled kitchen, new LVP flooring and whole home repainted. A comparable home sold in the neighborhood for 300 on 6/28. It's has been on the mar...

My first deal was one of those perfect alignments of stars. We offered on a short sale. Long story short we "wiggled" our way in to get the offer accepted in less than 2 weeks. With the work we completed on the house ...

Hey everyone,

I have a lead, and I am not sure if it is a very good one. I am trying to wholesale this house, and usually a nice rehab project is what a wholesaler might look for, easier to negotiate wholesal...

I only found one other discussion on this type of deal that was not an REO. Kinda got off subject so i thought i would ask.

Recently i have been looking to do REO double closes with end buyers that are rehabbers but ...

Hi all,

I was a licensed realtor (Washington State) for a number of years, so I have the RE experience from that angle. My question is how many of you write your own Purchase and Sale Agreements? Where do you get t...

Maybe someone can clear this up for me a little bit.  I've been doing some searching but it's still a little hazy.  There is a property I'm interested in that has been abandoned for a few years now.  A childhood frien...

So my parents are buying my first fixer upper for me all cash in there name. 
We have created a contract that states i have to pay them back within two years via  refi to get it out of their name and into mine. 

W...