They tend to jave unreasonable price expectations, will not negotiate a home inspection in good faith, the property usually wont appraise because there is no listing agent involved, they wont drop the price when it doesnt appraise, they wont make lender required repairs and so on and so on.So why spend 20 hours on a transaction that is very unlikely to close?

I am hoping to communicate with the 2nd position private money lendor that I want to pay them in a lump sum at the ens of the deal and ask them how I can make that work for them and make them feel safe.

But they said they still have fleas.At this point, I feel like it is fairly safe to say that they brought the fleas in with them or at least their cleaning habits (or lack thereof) have contributed to the problem.Anyway, my question is who is ultimately responsible in this case? 

It was a great learning experience and took some of the fear out of the RE transaction.

I paid the full amount and the house has a beautiful and safe pool. 

Assuming one of the deals go under contract, I will act as the sponsor and syndicate the transaction for the down payment and repairs under market terms.This may be a dumb question, but I'm wondering whether there is a tool that syndicators use to keep track of investor contributions, ownership interests in the deal, Sponsor distributions to investors, or just to play around with different scenarios? 

Then they sell the property to an investor who pays for the closing in their transaction, as is the usual.

The value of the house before the fix etc is less than what I'm lending.My question, is it safe to give the loan to an LLC the guy have or should I insist giving the loan directly to the guy?

I have been calling many lawyers but they seem to only understand traditional RE transactions not investing.

@Justin Windham @Brian Eastman I appreciate your responses.Since my specialty is buying "Subject To", (taking over the financing) (yeah, I know, a little different than what most people do) I have to revert to thinking how the average transaction works using banks or cash along with the tax write offs.