Goodin Development has no filings with the SEC authorizing it to raise money, has not pulled any permits and is not mentioned in any of the numerous news articles discussing the development and the companies involved.If you are thinking of sending Justin Goodin or Goodin Development any money - THINK TWICE!!

Thus more time, money and risk.  3. 

Just ask the owner what are you going to do with the money if you sell for cash??

In total, including money lost from rent, legal fees, and repairs, the situation cost almost $30k.

I work a lot with investors outside of the US from a tax perspective but from a mortgage perspective, as mentioned above hard money or DSCR is probably your best bet.

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.  

I do pretty decent for my age, and I live at home still, so I've been saving up a lot of money.

Seller financing, private money, and subject-to deals can open up opportunities that others might pass on.🔹 Maximizing Value – A distressed property isn’t just about fixing what’s broken; it’s about repositioning it for the best possible return.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

.- at year 7 if value appreciated a lot, can i do a HELOC on it and use that HELOC to pay off the balloon - probably not due to lien being secondary etc on helocYes on the HELOC, but it would probably be easier just to refi and pay off the seller, and cash out more money too.Hope that helps and good luck!