There are options on other sites.Another issue is the mentions, that is a great feature here, but as this site has grown we have also gotten a few that use it as a tool to harass others, drawing to arguments that often are nothing more than off topic personal slanderous comments.

From an investment standpoint, buying out the other 2/3 from the Trust gives me $100k in equity immediately, and a heck of a HE LOC or Loan to draw against after 12 months, even if I don't make improvements.

Then keep company money separate from all personal funds, but you take a draw for your earnings.With this you should be insulated, however, state law may say otherwise as Jerry mentioned.

You would be well to follow @Robert Leonard advice and seek counsel from a real estate attorney, if you are serious about pursuing this type of arrangement.Some attorney's will provide a free consultation and only charge you when it's time to draw up the documents.Create a post here on BP and request recommendations for Real Estate Lawyers in your area.

Put them in another account if you have to, calculate what your draw is to allow for these items and don't exceed this amount.

Someone came in and stole all the copper wiring which required us to pay extensive additional expenses for new wire, new sheet rock repair, and new paint to restore it to new condition.it also took longer than I expected to get permits, design drawings, and final inspection and meter installation.

The areas I am looking (based on my price ranges) are decent, and should draw younger professionals and younger families from the military base and surounding industry out here (Intel factory, Lockheed, etc. are all out here).

I'm guessing they compared that duplex with other duplexes in the area because of the type and I'm guessing there aren't that many of them to draw from to increase the value.

Similar if you want to understand their process for making loans, distributing draws, etc.

I'd like to look it over and talk to my potential buyers before hiring a lawyer to draw one up.