If I wanted to access cash it would then be dependent on the deal and I would likely lean towards pursuing a HELOC. 

Purchase price: $252,000 50% ownerHouse hack worth $400k owe $200KWhat made you interested in investing in this type of deal?

If I was doing $5M a year or more then I would potential be looking at it differently.I want to note I have had people who prefer private lending over traditional because they do not want to go through the hassle of traditional and are ok paying more for ease of access/dealing with a lender.

Hey BP World - I wanted to know if anyone has had any luck with structuring a novation deal in South Carolina.

Note that  if this goes well, I would want to continue making deals there.2.

What made you interested in investing in this type of deal?

Feel free to reach out if you want to connect with local investors or explore off-market deals.

Maybe ask the owner if you can speak with the tenant (not likely) if not, move on and find another deal.

Been looking for answers to some business questions on how to receive investors and how to pay myself while working the deals and what not. 

Maybe never in CO but other areas have seen it happen.Personally I am always trying to tell others that they need to look carefully in any area no matter how attractive the deals are.I agree that you need to work with an agent who knows the lay of the land.