Do not give your private lenders title to the property, only a deed of trust lien position against the property to secure the note.As for the equity split, whichever % you choose, it can be arranged via a simple JV agreement that spells out who is on title, who funds the deal, who finds the deal, who manages the deal, who sells the deal, and how the proceeds are split.

Good luck to all out there in realizing your dreams.Mitch-Excellent future plan you have spelled out here , I can relate as I see some similar goals for myself, and reading a sound plan like yours only motivates me more.I am also am submitting offers in Riverside and have 2 going to the bank, short sales of course.

As for that, it's probably spelled out in your lease agreement.

There are several things a good businessman should know whether he's flipping houses or building rocket ships, such as ethics, deductive reasoning, spelling/grammar skills, communication, etc.

Also thanks for turning me on to spell check by using Firefox as a browser.

Did the receipt spell out any terms of the deposit?

My I-pad screws up my spelling, sorry

This is an agreement that spells out what the servicer is to do, how, when and with whom as to the proper adminstration of the obligation.

Well then hurricane hit Miami I was 18 so my dad get a room in Hialeah I know I didn't spell that right.

PS: Yes, I know i cant spell worth a crap :PSeller Financing http://financial-dictionary.thefreedictionary.com/seller+financingAn agreement between a buyer and a seller of an asset, usually real estate, where the seller directly holds the debt.