"Offer is pending buyer getting approved for and accepting financial terms outlined by a financial institution.

@Ethan EdwardsHi Ethan, I recently spoke with an accountant about something very similar and his advice was to get an attorney to draft an operating agreement outlining the full rights and responsibilities of the silent partner.

It's a great read, and he outlines a number of ways that you can do exactly what you asked about.It's definitely not easy to do.

I am going to start looking for projects in the price range that you have outlined for me and hopefully lock it in exactly how you say.

There were a lot of flips in the late 90's and early 2000's, but this turned into a BRRRR strategy that @Brandon Turner has outlined in his webinar.Check out Podcast 001.

Then, he outlined the details of our project to one of his family members who agreed to take part in it.

If the planners don't support it or think the city won't support it, you have a challenging task - which is why we rely upon the Comprehensive Plan if there is one.Assuming we have a tenative green light, the code should outline what is required for the process, and the planner should be able to clarify the requirements. 

They will need to put money down that is not refundable. give them a small portion of credit from the rent toward the purchase price if they pay on time.5. the sales price should be the full 100kVery basic, lots of details left out, but it is a basic outline. just make sure low LTV, single family homes, and tenant buyers that have light at the end of the tunnel.

I would sign an independent contractor agreement outlining commission splits ect.

The agencies have no way of knowing what you owe your family members.Your ability to get a future loan has no bearing on who holds the existing mortgage, other than showing it having been done at arm's length, as I outlined above