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This would give an effective APR of about 9.5%.

I was watching Eddie Speed video and he said something to the effect that he used $100 to open up a ROTH IRA and used that account to buy a $70,000 note.

Do you have any advice around how to most effectively collect rent on late tenants?

I'm trying to get and idea of how this situation will effect my tax bill for 2015.I purchased and renovated a house in fall of 2015 with cash from a heloc on another property.

Rather than dealing with skilled and shrewd loan brokers, you're instead just working with a seller to solve a problem.Sellers who are most receptive to a financing offer need to sell but can't, often because they lack sufficient funds to make necessary repairs or to engage an agent.

The terms of the agreement state it is transferable if the new buyer signs an acknowledgement of the terms (or something to that effect).

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A sole proprietorship is probably the least effective as far as maximizing tax benefits.

Lenders are looking for safe places to earn interest and I don't think showing them a year of negative cash flow is going to have a positive effect.