Good evening BP! I've been thinking, I need get a short sale/ REO property so I can put some sweat equity into it. I want a multi family 2-3 family. Here's an example of one deal I found, 3 family in North Jersey for $165,000, estimated repairs $40,000 and ARV $350,000. Unfortunately I would never be able to walk into a bank and get a loan for such a none habitual property. I've heard of HML or PML (hard/ private money loans), but 16%+ is a huge risk. I was wondering if I could as my parents for a PML but my problem is how would I be able to make such deal work? As far as numbers how would it work for it to make sense for both of us.. Could anyone give me an example? Like how much should I put down, monthly payments, term, interest rates, exit strategy... Estimated $3,500 total monthly rents Year tax $8,500 Thank you kindly.