The termination fee is set after ratification. I agree investors can be unscrupulous when it comes to inspection periods. The more equitable way to combat that is to keep it short (7-10) days. A blanket fee to be paid no matter the reason seems unreasonable. Ex… septic inspections. They can cost upwards to 600. I spend the 600, find that the septic is beyond its useful life and the leech field is saturated. Needs replaced. But in today’s standard there is no place to put it due to water proximity, land topical issues, and no sewer connection at road. I try renegotiate price due these findings, sellers no, I now owe the fee on top of the money spent. Seems unreasonable. My obvious question is how to word the termination conditions.

@Myles Berrio perfect answer. How is that proved out?

Walking private or seller financed loans is such a great way to build up equity. Framing the scenario at beginning is a great strategy. An investor out of Utah also tries to get a subordination clause in the loan if in first position. This way can pull equity without an addtional asset to ultimately walk the second to another.

Love how stepping out of the box. The next ones will be easy after doing this type of rehab

@Myles Berrio all great exits and techniques. #1 could still fall into the marketing ahead. Be difficult to close same day or even in few days after and affirm you didn't speak to them ahead of the deal. The plausible deniability is hard to prove or disprove. Having the closing attorney sign off on your transaction is the safest way to complete an assignment. The silliness of the the circle talk comes from them saying an assignment is not a wholesale and vice versa. The best way to do it is to take the fee outside of closing for sure

@Noel Torres good morning. Do you do EMD funding too?