Any good resources for learning about hard money loans?

There's this sentiment in the marketplace of fast, easy, and no money required.

As U.S. citizens residing in Europe, we are required by the local tax code to hold the property in our personal name.

And of course we're in agreement on consulting a tax pro.

The sellers you are dealing with in these situations don't deal with prorating Taxes, or any other kind of prorations, that is what an escrow agent does. 

An example of this would be mixing your personal money and LLC money in the same bank account.3.

If so, there are no transfer taxes due. 

Since part of your property is a rental, I believe a portion of your mortgage interest should be a tax deduction unlike your other debt.

From a tax implication standpoint, it can be tricky but if done correctly, not a problem.

So even if you had a buy out agreement negotiated up front and execute that buy out agreement, the bank would still require him to be guarantor unless something drastic changed on your side financially.The best scenario here would be to purchase and rehab the property using a hard money lender or bridge lender.