Saw an ad on Craig's List, I negotiated the deal personally on the first meeting.

My business partner owns a roofing company but has weak credit and more limited cash flow.An LLC is a common choice for partnerships since it protects personal assets and simplifies tax management.

@Peter Dukaj personally think the government should make it more expensive to build than renovate.

@Jerry Chilimidos I am not a CPA owever my understanding is any loans to your IRA can not be personally guaranteed.

If I understand correctly; the seller would receive 80% ($40,000) directly from the mortgagee at closing and would enter into a personal agreement with me for the 20% down payment ($10,000) in which he would be reimbursed separately from my mortgage payments at a separately agreed upon rate and term?

You can only target owners with paid off properties who don’t need the money right away.

would like to get personal message if somone have a recomndation on a PM in cuyahoga county, nime is making some problmes

In person control before controlling re from the distance.

This way the partner is getting paid more precisely for what they contribute.

I wouldn't spend 2k on it or anything.Yeah I have one particular house where everyone who books it constantly says how pleasantly surprised they are at how nice it is and that it looks so much nicer in person than the photos.