It is decided on the partnership level and depends on whether this interest is incidental to your main business or it IS your main business, as well as the overall activities of the partnership, number of loans etc.

It's already well in motion, and 5-10 years it will be even more cemented.

The biz is still alive and well even though we're approaching the top of the housing cycle.Cheers!

Example - Back 43 years ago when I was still dealing in residential properties (as well as commercial) I purchased a SFR for $55,000 with $5,000 down and the seller carrying back a 25 year note at 7% interest.

The AI will handle contract management, offer analysis, sending out offers, contacting title, setting up home walkthroughs, etc.

I have a meeting with a business lawyer this Friday but, just want any other feedback before the meeting for further clarification as well as advice that I am not thinking about.

Hi @John MasonI am so thankful for this post as well,I have been attending lots of seminars meeting investors, loan officers, agents and a host of others.

I think so, however the common areas, including exterior, would need to be Lead Free as well.

@Maria Murphy yes correct, simply paying the debt in the owner's name to hacienda (tax office)/government first as part of the purchase at the notary and everything left to the seller.Valencia has worked quite well for us the last years and compared to Barcelona/Madrid the m2 prices are a lot lower.

Anything that sells well below median is doing that for a reason.