You have banks ( local,regional,national), credit unions, life insurance companies, & CMBS lenders.Who does what loan depends on location, asset type, and size of the loan.

As for my expense data, $2376 breaks down as follows:$300 - Water/Sewer (~$40/mo/unit)$140 - Garbage ($20/m/u)$70 - Insurance$497 - Prop.

Another bank may also reduce the LTV based on how many loans you have outstanding.Example too; Joplin, Mo. had a tornado that took out all but one investor's properties, it took months and into the next year for insurance to pay off.

Later, it's sold and I receive 20% of the net profit.This is purely a money deal on my end (no involvement in rehab or rental).Question - If the property sells quickly (say, within 3 months), and since my profit is paid through a security agreement (I never have title to the property), how would this be treated for tax purposes?

Key - You must get on title by using a Single Payment Note, fix property fast, and resell at a good fair price fast.D.

@Imran Raz The title work seems high on the loan estimate,  but it looks like the actual loan cost is $4,049.

5.If given the choice at the end of the term, would you prefer to take the house (at which time you could uncloud the title), or would you prefer to have my company buy it back?

Get good liability insurance and also get an umbrella policy.

hi Noe,Thanks for replying as of right now they have 16 units rented and they are gonna finish the renovation in a month or so what they tell me is they will have 85% of the units rented with in that time frame they dont have a management company in place and i would have to get one  taxes are 15k and insurance is 12k  that is all i have on the numbers at the moment.

However, being a hurricane target area I know any house will require expensive flood and wind damage insurance.