Being as they are my parents they would more than likely simply loan (no interest)/give me the money, but I want to approach it from a business standpoint A) to show them they would get better returns than just sitting in the bank and could be great supplemental income for retirement years and B) I'm not looking for a handout but truly trying to learn how to structure deals for private money in the future.That being said those of you who have partnered/joint venture would you be so kind as to share some of your different agreements?

I don't know why we didn't discuss the exact amount to pay off the debt.If the original private loan is secured than refinancing that loan away is simply a Rate & Term Refinance, not a cash out.

Again, he's paid up and you guys have a contract, you don't want to be the one to breach that contract.Also, and most important, I would be VERY careful about increasing the rent simply because there are three men living in your unit.

Months of additional holding time.Are you clear to simply add bedrooms without all that?

Establishing your business, any business formation or simply mapping out possibilities will have many legal requirements that you just won't get addressed for your specific needs off the internet.

I would sell and be thankful for the small win and move on to the next deal.I do think northwest Indiana would be a good place to invest.

Very simply.

Just have your Realtor send their Realtor an email stating that you will keep their earnest money since your survey proves that it's not in a flood plain, and that you will simply sell it to someone else - and then move on.

As long as you can structure the situation as win win, chances are that someone will be interested.

(Hmmn... and the more I think about it, I didn't see any steel in the slab)If this is the case, it's "simply" jackhammering the slab, removing debris, adding proper fill (maybe having to remove other debris that's still there) and repour the slab.