If the owners purchased very recently or invested a bunch of money into the property it will be unlikely they will accept a lower down and an extended repayment period. - Little to no existing debt tied to property.

By having the money up front it will be very easy to buy properties.  

I'm sure he's expecting me to come back and negotiate something more but we are both very new at this and I have no idea what would be an appropriate value for the risk and the time my money would be tied up in this. 

Hello BP,Inquiring for true Private Money Lenders for a fix and flip project in Houston, TX.I’d like to connect to provide more information about myself and the project.

Just a way for them to make money.

I think living in the house for a year would be beneficial, too, because you would qualify for a lower downpayment, but you would also be able to get it set up yourself while you are living in it to save even more money.

I don't like the terms and would try to avoid.We could still do a conventional loan and if I'm not mistaken it'd be this whole "gift money" thing so the shared ownership wouldn't be recognized legally.

My leases state the order in which money received is applied. 

Has anyone wasted money on some of these programs like I did? 

Hi All,
My name is David and I am with Property Sales Group. We are so excited to join the BP network. We flip about 50 houses a year and are looking to do more flips and wholesaling. I would love to get more leads a...