I’d suggest asking your lender specifically what language they need to see.

The main issue here though is the language barrier.

I’m exploring alternatives to traditional financing (HELOC, cash-out refi, etc.) and came across shared appreciation agreements (SAAs).

Tactics:**SIC and COGO Nation, uses faith-based language in presentations.

Looked at buying a property with great rental history & didn't pull the trigger because of this.I was told if the previous owner contact Airbnb to tell them the property has been sold, they can have Airbnb support share the new listing for the guests to rebook. 

If you do proceed, a well drafted lease with strong indemnification language and additional insured coverage under the tenant's GL policy would be critical. 

As far as whether they would actually owe the 10% liquidated damages in this case for defaulting on the contract, that would likely be determined by the language and contingencies in the contract.

After 25 years and over 3,500 transactions as a licensed broker, this strategy has consistently delivered for me—but I’m always open to learning how it’s played out for others.Thanks again for following and sharing your thoughts!

Adjust the biggest leak first.Use plain language at every step.

If the LLC doesn't have a bank account or very little in the account then what I recommend is your cash offers Include the bank statements of the members of the LLC along with language in the LLC docmentation that shows the members commitment in cash to the operations of the LLC.