While your heart is obviously in the right place, you need to recognize that you may not be qualified, again, more conventional education.In some cases, non=profit organizations assist folks in default, you might try to volunteer for the experience, then obtain the license requirements and move forward.My suggestions about buying the note may be prudent when you already know the borrower or where they contact you to buy, then you might offer the note purchase arrangement

I was going to say many investors get paid on hope and a prayor, but I see your question was more involved.Will outlined it well, just don't let a note lender be allowed profits too, that profit sharing is another animal and is a partnersip arrangement, keep a lender as a lender.

Maybe you could work an arrangement with the seller, so that you would get the rehab completed now, and then sell it.

You can look for a buyer here, we have some Cali folks that might be interested.I understand that this is a commercial second and that you are acting as a facilitator, you might check first with Cali laws and ensure you can do so without any license requirement to ensure you get paid on the arrangement.

Again, the best way to have secured lines is not through a secured credit card that can fund itself, but a loan to be repaid over time, amortized, that is secured by an asset, like a CD as the CD does not make payments for you.The whole things is about seeing how people manage money over time, paying as agreed, where they must make the effort to make the payment, not an arrangement where, if they fail to pay the payment is deducted from an account, there is no money management activity there, shows little effort.Secured credit lines are most important to secured lenders, the guy at the Rent To Own store is more interested in how customers pay revolving debt, past rent to own accounts than thier home loan.

Sounds like a classic tenants in common(tic) arrangement where there is a long period of ill-liquidity.

What is the *typical* arrangement or agreement in this case?

The guys at Schwab arranged to transfer all of the company stock into my new 401k for me, which I was pleasantly surprised about.

Anyway, I did FP and business arrangements.

To the original question, they fact that you don't charge interest has no bearing at all on the financing arrangement.