@Sam RogersThe key to them as I understand it is you become a creditor to the trust and are paid back in a predetermined set of installments.

This is the perfect situation for this.A third question would be, "is this his only property, and if not, are the other properties also paid off?". 

But you cant dictate being paid back or selling etc etc..

If you’re using a hard money loan, ask your lender for a pre-approval letter to include as well.

You ignore the DNC at your peril, once I got 2 demand letters in the same month I paid them and decided to take it seriously.

So he paid the tax's for 5 years then went to court and prevailed and ended up with the property.

I have a live-in (22 year old son) rehab (pt Loma) starting Dec 1 if you desire to see the pre-rehab condition reach out to me a couple days before Dec 1.  

I was pre-approved for a conventional mortgage with a 3 % down payment 2.75 Interest Rate.

I just didn’t know my credit was so long until I chose to get pre approved.

Purchase price: $925,000 Cash invested: $200,000 13 Unit Multifamily property in the Waveland neighborhood of Des Moines, Iowa. pre-acquisition: 7% under MR and 15% vacancy/bad debt.