FIND THE HEIR AND CUT A DEAL THAT WAY!

IF this comes up (rarely are the sellers savvy enough to think about it), simply adjust the sales price.

I want to cut down costs all around the board but in return I get a less valuable vehicle and practically lose the down payment.

This may require increasing his income for a short time working extra and cutting back on non-essential lifestyle things or improvements to the property, which isn't his yet.

You could maybe cut your cabinetry expense in half (or more) by using Ikea boxes and custom fronts from someplace like SemiHandmade, and work with a GC that has worked with Ikea to make it look custom.

Purchase:75,500Loan fees and closing :5000Uncles cut:10000Materials: 14000Holding 2000Real estate fees & closing: 10000Sold:138,900My profit: ~21,000 I have found my next potential flip 43k 3/1 with partial finished basement.

Part of the deal is that my partner will be doing all the leasing and management which definitely cuts the costs.

While I'm sure there's no "one size fits all" for private money lending, I am simply looking for some kind of direction or examples of how other people have structured it.First of all, I am interested in a debt partner versus an equity partner, and for now, will be looking to flip properties.

I'm a complete newby and have learned quite a lot simply by reaching out to experienced investors up here.All the best,Steve

I live in NorCal now but looking to get back into AZ real estate simply because there are no deals to be had in my local area.