But any improvements are at your risk.. the redeeming party just owes you your cash plus in our state 9% and any VERIFIABLE expenses you paid to protect the asset.

You are effectively operating a hotel, which is a business enterprise with very different risks and hazards to insure.  

Cross-Collateralization – A lender may finance the full $160,000 purchase by using your existing properties as additional security, lowering their risk and possibly reducing your down payment. 5.

Risk is the rehab part.

Hosts can get involved by either donating a portion of rents from their payouts or they can offer housing at a discounted rate.

There is still some paperwork involved but significantly less than traditional lending institutions.  

It’s likely the GC will subcontract the concrete work to a specialist while they focus on managing the permitting process and ensuring everything is done to code—especially if there are ADA requirements involved for the ramp.Let me know if you need help navigating the process or any tips for working with contractors.

(the seller side) This is for those involved or interested in becoming involved in creative finance, especially SubTo.

There are some people that get lucky and earn cash quickly, but they generally hide the fact that it was pure luck or how much work was involved.

And also, know everything about operating real estate, if you really want to know the risks: business plan, financing structures, ability to execute, market research to vet their underwriting assumptions, how fees can influence investment decisions...3.