If it were a cash transaction I'd suggest joint tenants with you holding a 1st position lien for the proceeds you injected into the deal.

When the “guru” encourages people with no capital to extend the lending limits of their credit cards to pay for his mentorship program suggesting that they will be able to pay it off with the proceeds of their first “deal”. 

Also have the attorney give notice regarding nonpayment of his share of the rent and begin a separate eviction proceeding under that track. 

If you wish to proceed with this, please advise and an electronic packet will be sent your way.

If she doesn't comply, consult with your eviction attorney and proceed with an eviction.3.

Debt for a cash flowing investment property in a good neighborhood with a minimum 25% equity stake doesn't make me nervous for the following reasons:  the debt makes the property less of a target for lawsuit scammers,  re-fi loan proceeds are tax free money for me to spend,  with a 20 year loan a decent amount of debt is retired every 5-7, and market appreciation is icing on the cake.

Best of luck in how you choose to proceed. 

@Ed B.They would receive the proceeds from the sale once the first mortgage is paid off, so it’s not like they would get nothing but it typically would not sell for full valueWhere the original poster could also be subject to a lawsuit is if they let it foreclose they may not have recorded this agreement which appears someone else has an equitable interestIt could get really dicey

Real Lenders don’t ask borrowers how many points to charge them.Real Lenders rely upon title commitment / CPL to send loan proceeds to a title company. 

Our 4 kids will split the proceeds of the sell of our primary residence when we die.