This is all he does.

Now, I have seen some lenders get really annoying about this and require a spouse to be on the loan...so IF YOU CAN find a lender that will allow just you, then that's the route we want to go.Hope that makes sense.

Purchase price: $1,000 Cash invested: $15,000 Sale price: $34,500 Bought this property from Detroit Land Bank Authority.

If just one you are jumping the gun on needing any of this. 

This post does not create a CPA-Client relationship.

Before using such a program get your own estimates.   

If you want to be a professional in this business you need NARPM

I assume you are using professionally prepared loan documents, yes?

I probably wouldn’t mention your third point - it makes it sound like you expect them to hold this note forever and I’m not very certain, but I’m guessing there isn’t a huge market for $100k secondary notes.Have you considered asking them to finance 90-100% for a short period of time so you can rehab and refi at a higher valuation?

I’m looking to get started at using my people and negotiation skills in the market fully, I’m hunting for properties in the UK that can be hidden gems or fixer uppers, with a keen eye for architecture and a clear understanding of value and use I’m thoroughly analysing websites and in person sites for good deals.