Once a price was agreed to with the known owners, I would track down everyone else representing all 10 of the 10ths and have them execute the purchase agreement.

I just spoke to a representative from clickinvest and came here to also ask for testimonials of anyone’s experience with them and to find out if the numbers their software spits out are realistic.

Anything under 1.00 represents negative cash-flow.A commercial loan will require a sizeable down payment of 20-30%, so be prepared for about 80k-120k that you will need in cash.See here for more info:  https://www.biggerpockets.com/blog/2008/03/10/apartment-building-investments-debt-service-coverage-ratio/

It is in representing you.

They represent a cost when you purchased the item.

@Saira Ahmed my first and foremost advice would be to figure out what the fees represent.

However, you may be able to convince the agents to represent both sides of the transaction for a reduced commission.

I made a big mistake of lacking understanding of agents and how the contracts can work, so I hurt a friend (the one who contacted me about the house) by contacting another agent to represent me.

My solutions: 1) Get highly competent attorneys to represent you and that have a better shot at getting things to go your way.

Question - If I have a deal under contract, and a friend who's a real estate agent has a buyer he's representing, could I assign the contract to the buyer for a fee?