(I'll get back to that in a minute)On the building manager's side, some have also made contribution to some of these circumstances.

And then you're contributing your time for free.

As a sole employee S-corp I take advantage of a solo SD401(k) which allows much larger contributions which in turn we use to hold notes on arms length properties sep from the S-Corp holdings.On review since 2004 I have only taken a salary of 25%-30% of gross plus the 401(k) contribution.

Thanks for contributing all your experiences, it would appear that an HML is the way to go when financing a rehab plus repair costs since most banks won't.

If you have a joint bank account as an unmarried couple, thinking you both contribute to pay expenses and collect rents in it, the other person can empty the account and leave town and you don't have much recourse.

Thank you for your contributions already to this thread as well!

Feel free to contribute any useful information.

Here is frome the seller to the agent""Can you please secure a "verbal/electronic" agreement with Wendy today as follows: We (Seller) accept her offer at $78,500 with Seller contributing 2% to her Closing Costs, with $2,500 deposit and closing within 45 Days.

The freedom of "controlling my own destiny" has contributed more to my happiness than anything else (including the residual income).

They can only judge the donkey as to the equitable contribution made over time.