There was no signing, no agreement, not a single conversation from either the buyer (myself) or the seller that any money is to be released.

Offers to buy the rights to the purchase contract as written should be made "as-is", and without contingencies.

Hey BP! I currently own a SFR in Jacksonville, Alabama. It has performed pretty well, but nothing crazy. It is located in a college town that I expect to continue to grow. My current resident has been amazing. He has ...

Tenants intend to sign a Lease Agreement specifying the terms and conditions of this rental on ___________________________________.

It usually lasts for only a few hours or days - just enough time to complete the purchase and immediately sell or assign the property to another buyer, so you never have to use your own money.With transactional funding, you get one wire from the title company at closing for the net proceeds from the buy and the sell, minus fees.

Would an operating agreement help mitigate the risks?

Also do you use rental agreemnts or community agreements?

.: Has anyone else had a problem finding a lawyer to review and add a few points to the promissory agreement and deed of trust.  

. - Investment Duration: 30days (Investment + ROI in full)- Return on Investment: 45%- Purchased Price: $150,000- Rehab Cost: $30,500- ARV: $240,000- Minimum Investment: $30,500- Maximum Investment: $30,500- End Buyer Escrow Commitment: 20%Rehab Cost BreakdownRehab Cost Breakdown1.

Suddenly, what was a voluntary agreement becomes a source of resentment.