The investors put in $100,000 and he took out a hard money loan for his part.  

Are you looking for a long term rental? 

Also, I am guessing that due to the state of the house, it would not qualify for a conventional loan?

You have to do some more research.Are you saying 200k in cash so you could spread that out among multiple downpayments or 200k via a loan?

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

ThanksThere are no plan to sell any real estate in the near term. 

I have a long term rental where I had to put in a clause that I would fine for open windows in winter.

Hey @Kirk Roberts that sounds like a great long term goal!

In 30 years the balloon payment is due to the seller and that's when the taxes are due.Coupling a monetization loan to an installment sale accomplishes the same thing but puts cash in the sellers hands that can be re-invested.

Points and loan details are TBD still as we're just getting the tentative process down on paper as we wade into the details.