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?

But I think I just discovered a low cost and more optimal method.

The heightened security in response to the anthrax mail means they'll just end up burnt on a trash heap.

Reserve facility to include "Legacy Assets" that is currently only set up to buy newly issued securities.

It is also evident that you left out many of the operating expenses, such as management (even if you do it yourself), utilities (even if only during vacancies), office supplies, legal fees, evictions, damage done by tenants in excess of the security deposit, entity maintenance, lawsuits, capital expenses (not technically an operating expense), etc, etc, etc.You might want to read one of the 50% Rule sticky threads in the General and Landlording topic areas.Good Luck,Mike

So neither of us have any income to secure the loan...would a bank even attempt to loan to us?

Many methods for building a list of buyers, collected for your convenience, is right here:http://www.biggerpockets.com/forums/93/topics/54108-buyer-s-list-how-to-

That way, its three totally separate transactions, but you have at least a little security for the money while he has it.

This is a public forum and if your method is legal and valid, you should not be getting any "heat" from anyone.

How do i secure a million dollar investment?