It could be a bit more or a bit less depending on the people involved, obviously, but the 50/50 split seems to be considered fair.However, in my opinion, the way with less complications and less risk/stress for both parties is the fixed interest loan.

That also is a complicated endeavor.

A CFD is a financing arrangement with a security interest in the property.You may have to foreclose you can't get a quit claim deed at time of the agreement as in the old days, so I suggest you do a note and deed of trust that allows a non-judicial process, otherwise you may need to go to court.A note and DOT also makes insurance and taxes easier.I see the old CFDs falling out of favor, especially for a sold property without an underlying mortgage.A CFD may be more appropriate for a property that has a bank loan existing, but a sub-2 would be more favorable.

I'm sure it has the potential to get complicated when multiple "sellers" have to make a decision.

I did this last year actually on a second.Another caution here, speaking of just buyer notes, as Dion like to mention "class" there is a difference between loans funded with cash and obligations as paying equities and purchasing equity notes can complicate the flavor as part may become viewed as a cash obligation to a point (when purchased at a discount) and the equity amounts of the unpaid balance.

If what you say were true, lenders wouldn't have to name the sub2 buyer as a defendent in a judicial foreclosure.

GA and TX are non-judicial states.

I'm constantly creating, reviewing and updating complicated spreadsheets and databases.

It's a complicated quirky system.

Double flipping a contract can get complicated with so much paperwork and can eat up the end investor's profit pretty fast.Just my 2 centsMancill