Since your seller is renting the home they will have the same issues, so you're compounding your potential of legal violations causing the entire arrangement to be tainted.I'd suggest too that you dig deeper in title and the name(s) of your seller as to doing the old finance with a small down, collect payments, foreclose rinse and repeat, illegal practice now, thank God!

I think it would be easier to get to know other members of the group if we are a smaller group.But I will humbly bow the the majority'a opinion...

It is due to a fire that happened last year, insurance premium for the compound is going up.Owning real estate is like a basket of groceries.  

Unless the vetting process is being administered by professionals in the particular field being financed, losses compounded by mistakes are the inevitable result.VC firms specialize in particular categories or business types - usually they have a senior partner who is an expert on the type of business they invest in.  

.- Any late fees or accrued interest on that tax debt after the sale of the lien gets compounded to that debt owed to the new lien holder.- If the property owner does, after the sale of the lien, pay off that debt, the money (plus any fees and interest) goes to you, the lien holder, and not to the government.

There are so many deals out there, I hate to see people compounding their problems with a dangerous loan on a bad deal.

There is no compounding ball that gets bigger and bigger while you do it with anything but landlording in real estate.

I'd put it on the street in the form of private money---at 10% per annum compounded would generate I/O payments of nearly a mil a year...Regards,Scott Miller

I've been reading a lot about getting motivated sellers, a contract and finding buyers, then bowing out with an invoice at closing.

Manufactures usually direct use of a leveling compound if going over old sheet vinyl to fill in the embossing so it doesn't telegraph through.