I’ve been in this situation and with a growing portfolio and expenses, it’s hard to put money aside for two mortgage payments.At Sid Was Here, my management company, we’ve always offered to let guests pay into the future for longer stays.

Does the seller owe the buyer money or does the buyer owe the seller for property tax prorations? 

I have the private money lined up for the 25% down payment.

What is the current interest rate on a private money loan approximately $300Kthanks 

If you are a partial owner of this land, I would not invest much or any money into it.

Do you know anybody that is actually doing pad split that you could tag to this thread?

Purchase price: $240,000 Cash invested: $60,000 I purchased this duplex in distressed condition using owner financing for $240K and secured a $60K hard money loan for renovations.

Parking is worth more than money down there in OB.....And I am pretty sure that your $$ numbers are low, about 50% at least.

Many of them sell the course at 20k a pop and that is how they “make money in real estate†Sad but true.

But, that is where the money is.I pick up trash at our properties.