Once a tax deed application has been filed, providing the property owner does not redeem the property which is now accruing at 18% per annum interest, the tax lien will be sold at a secondary auction as a tax deed. 

He was able to draw a 6% interest on his capital at any time or let it accrue. 

These include Acquisition loan interest payments, insurance, utilities, and negative cash flow accrued during the Rehab and seasoning periods.  

I just used Ground Floor Finance for a flip, they offer crowd sourced private money, what I liked about them was that it is a balloon payment due at the end of the loan term so you do not have to make monthly payments while you have the money borrowed, you just pay back the loan plus the accrued interest when you sell your flip.

Any expenses you incurred during this sale period are either capitalized or accrued as selling expenses, but both reduce the taxable gain on the sale.  

Since I am not accruing debt anymore(on the house) and I received cash, it was a 1200 per month swing.I don't have any cash in my 1/3 of a 175k note.  

- Length of term (15-30yr... etc) - probably whatever is affordable mutually agreeable- Calculation of amortization schedule - I think this is standard schedule just like a bank, daily compounded interest accrued and assessed? 

All expenses would come from the plan and all income generated would accrue to the plan.  

I mean, we could for a bit but I'm not sure if it would be worth it or worth more debt accruing. 

This is small loan amounts with short terms.Does anyone know where I can get a reasonably priced software program that will help me with the accounting process for balloon notes, fixed term and interest only, accrued interest, periodic payments, prepayments and so on?