•Xavien RafaelCEO, Intelligent Credit I agree with you, and this is exactly why I've read 50+ books and network before I make a move.

The agreement stipulates:"The owners agree, that no water shall be used for commercial purpose, but only for their private domestic use including vegetable gardens and livestock maintenance."

I agree that many transactions shouldn't be done simply because you can.However, out of curiosity, if you had the opportunity to buy a $hit property with golden financing & then immediately sell the $hit property but keep the golden financing & transfer the financing to a great property would you consider it?

Quote from @Bruce Lynn:All this I guess depends on how much risk you want to take or not take or can afford to take.I agree there is some risk with the PadSplit model.

@Gabi NA I agree with this.

Could not agree more!

I agree with @Connor Hibbs's comment on terms for first time flippers and if this is something you want to start doing more frequently I'd look for lenders that offer some type of rewards program to gain better terms through doing repeat business.

Totally agree Jeff.. also on the Chat GT and those just making a post which is a Chat GT blog really..

And wouldn't anything agreed to in schedule B override the original agreement (like it usually does in a purchase contract)?

Mark Vorkapich of Gladstone Strategieshttps://www.gladstonestrategies.com/I do agree with the above on checking with your current CPA to see if they have a preferred provider - sometimes it is easier and with better results if your team already has a good relationship.