It's awesome that you're able to go after something like this; just remember, creativity is key.

If they don't, move along.Do not pay for conversation and consultation but be willing to pay for implementation of the entity structure and associated documents (articles of incorporation, etc)If either you or your son own other businesses consider an S corp.

My understanding was that an investor might be putting themselves at a financial risk by not incorporating; for example if there was a lawsuit of some sort.

Essentially I'd like to help them get some money out of their sale while also helping me pick up a house at a discount or "creatively" and using it as a rental and or rehab project.

Today they gave me a form from the court saying they contest my application and quoted their reason as:'We tried to pay the landlord the rent but she refused to accept our money'.Their claim is pretty waffery and I think they could have been more creative and said a unicorn stole their rent money or something.Next week I am going back to the courthouse to apply for an eviction order.

I just spoke with someone from Creative Investment Concepts they said they would guarantee 75K in profits for giving them 10K to start and they would assign a mentor to me.

That said, there are some very creative investors on BP that have me re-thinking my strategy.

Not saying you can figure other creative ways to finance the $500,000 property but I'd save this for later.Some sellers ask for preapproval letter as part of your offer so they know you have financing so this should be your first step that you can take action now.

IMO you aren't going to be very successful teaching creative real estate and getting people to bite when you are buying.

How about a standard purchase of the duplex and some creative financing on the SFH?