Hi there - thought i would ask the bigger pockets community in case there is someone who has done this before - I own a 4plex with my sister and ex-brother-in-law. they want out, so I want to buy their shares. they each own a quarter. i will assume their portion of the mortgage loan, but they also have some equity, i'm thinking about 40k to each, and they have agreed to carry that loan with seller financing over 10 years. but my question is, in this scenario, can the loan to them be secured by the property?

Every newbie, and their mother, father, brother, sister, and extended family is a real estate investor. and most of them are wholesalers!

It could be fixed by removing the wall coverings and jacking up the floor then sistering another shoulder stud right under the floor joist to support it.

So you've got some homework to do Sister.

Anyway, with the help of my sister in law, a very newbie agent, we found what appeared to be a solid first time flip.

My sister has recently gotten her license in the last few months as well. 

my sister and I are trying to get started in the real estate business.  

My sister loves talking with me about it.

My wife and sister made me have a professional clean the apartment.

Debt also my my father's and sister's lives hell.