Remember he loses the option money if he doesn't refinance or sell.The other alternative would be to sell to your buyer (not rent, not option) on a wrap using an all inclusive deed of trust.

Most of my 1BR are 495 (building or apartment has challenges or no amenities) to $670 (all inclusive, nice neighborhood, private laundry room, double parlor, fireplace, etc.).

It is also called an "all inclusive trust deed" (the instrument) or a wrap-around mortgage.

So with these all inclusive HM loans, what amount are you lending?

Note that the $49k is inclusive of the first $16.5k.

Ed: The state pays every 2 wks ( pa) Yes I currently work in a 100 bed facility thank you for thefast advice and ideas to research.Jon: owner will do 80% seller financing balance either cash partner hard money etc inclusive of operating expenses to carry over for weekly expenses ie utilities wages prorated taxes etcManagement fees is an interesting ideaRusty: Im looking at pa havent seen too much of that but I have seen what your talking about in california alot more than east coast.

contact an attorney and outline these specific terms to him for inclusion in the operating agreement.

Placing each property into a seperate LLC will provide maximum asset protection both for you individually and for also seperating the liability for each property - i.e. liability generated by property A will not spill over to property B or C.Keeping your brother as a independent contractor instead of an employee not only saves on FICA and paperwork, but also will allow you to set up a individual 401K without worrying about inclusion of employees.your thinking is correct.

The one thousand a month may cover your payment to your lender but you failed to mention if your payment is all inclusive or PITI.

Knowing that a traditional tax-deferred 401k allows me to borrow up to half of investment dollars (that inclusive of company match funds), or up to $50k, as a loan.