As it reads, a pro-rata share is "equal to the Purchase Price of Participation divided by the Outstanding Principal Balance of the Note."

My mother-in-law wants to help my husband and I on our first real estate investment purchase. 

Where the SBA 7A can be used for all parts of the purchase and is generally Prime+ 2%, 10 years, the 504 (bricks & mortar only) is generally Prime -2%, 25 years. 

If so they may have a real estate license or they may work with an agent that relies on repeat business rather than a one-off purchase. 

Include a sweet outdoor area maybe with a pergola, jacuzzi feature.

I am under contract to purchase a Quadplex.

I appreciate it.Aside from the option to be added as 'additional insured' they have the option to purchase a  "ProtectionPlus Bundle' from Surevestor, which includes several things like protection against eviction costs, wilful damage to property, over a $1 Million third party liability protection, loss of rent protection for 25 weeks etc.This is $50/month.

I wouldnt give any consideration to what the seller needs in order to break even in determining the purchase price.

Purchase price: $205,000 Cash invested: $60,000 This was the first property I purchased.

In 2016, we returned to KC and purchased our primary home in Liberty using a Doctor’s loan.In 2020, we developed a strong interest in real estate investing.