If that person were to get hurt somehow and then expect you to pay the medical bills or become disgruntled in some way it is just a phone call to DOR, OSHA or L&I. 

Refinance and pay the downpayment.

This is where the mortgage stays in the seller's name but, you as the buyer, pay the mortgage.

Offer to pay them off in 5-10 years at a higher interest rate.

Jay what you've got to understand about Josh is the fact he is simply lying.  

If you do want to go this route, make sure that the underwriting of the investment property pays back both its mortgage and the monthly HELOC.

The goal is to ensure that the property remains viable even if circumstances change, like dealing with a non-paying tenant or a market downturn.

We can be flexible when we pay them back.

Let's say $300k, you then agree to the purchase price but add your own terms (ex. 0% interest, 5% down, 16 years to pay back).This way, you're paying (example) $1,800/month but renting the property for $2,400/month and pocketing the difference.Anyone have success doing such a thing?

If you have more than one LLC, each LLC should have its own set of accounts.Checking: Collect all income here, then use it to pay bills, the mortgage, or maintenance.