Lots of reading the chapter aloud and then re-reading the chapter review questions.

Sorry, I just reread that it's a refinance, not a purchase.

. - Two of the best books you can read (and re-read) are Rich Dad, Poor Dad and The 4-Hour Workweek.

Re-read the above comments and replace the “you’s” with “I’s” and the “your’s” with “my’s”, etc.

I said yes you get the money after you have an inspection done called a DRAW INSPECTION.Might want to re-read what I typed.Typical loans are this100% of Purchase100% of Rehab costsUP TO x% of the ARV.

Carole - Please re-read our rules about promoting your business.

BG, in re-reading your post I noticed that it sounds more like you are doing a flip ("I put $30K into it") rather than selling a property "held for investment purposes".How long did you hold this property?

I re-read the original post and I have to commend David for taking the actions he did.

But after re-reading your question, it sounds like they may be providing the down payment and then paying for the loan, if thats the case, I would do a cash flow split as well as an equity split.

The reason I mostly agree agree with Joe is that I do not believe letting the money sit in an FDIC insured account is making good use of the money and so I would not recommend that use.So I mostly agree with Joe with an exception for a case where you are not leveraging the money on another investment (not leveraging the money includes leaving it in a FDIC insured account or placing it in the safe under your refrigerator).Good luck If you re-read what I said, you would see I said basically the same thing