My goal for Q1 2019 is to create the proper organizational structures to put these assets such that we are not exposing each other to unnecessary risk from a liability and tax standpoint.

That's literally what I'm trying to avoid, and I have faith in the BP community that a better solution is out there!

We used a hard money lender to avoid the banks.

Hard money lender to avoid the banks.

I'd like to solve this problem without any evictions or unnecessary expenses.

I do everything I can to avoid a winter vacancy, so I always take that in to account.

Not all investors brrr their primary residence to avoid losing it. 

Initially I thought about getting a hard money loan and doing a traditional transaction so that my in laws can get their money right away, however time is not of the essence Someone also told that me to save money (avoId poInts/fees/Interest) and just “partner up” with my InLaws and write a contract stating that upon the sale of their house, they’ll get their 400K and I’ll get the rest, have them give me a quitclaim deed to the property and i’ll pay their mortgage and expenses during the rehab months.

I am investing in my first BRRRR property this year. I am looking in the Minneapolis/Saint Paul (Twin Cities for the locals) area. There are some reasonable options but I’m coming across three types of properties, spe...

Perhaps he's selling for financial reasons and I could then go back to him explaining that by avoiding some minimal effort such as calling insurance to deal with some issues could cost him big in the long run because when the market is sh*t in the next couple years (if it gets worse) he will have to hire a Realtor and pay 6% to sell it nevermind the fact that his house is at peak value right now (depending on your market but most places hit peak in 2018) and if he decides in a year he wants to sell it will be for less money.There is always an angle with someone you just need to find it, and sometimes yes it is very hard to do so.The worst case scenario is you get your money back and can mark this down as an 'experience' deal