Thank you for putting it so succinctly.

The title would be in my name only on closing, so I would 'own' the property, making it a refinance, not a purchase.

I signed a 1 year lease last month so kinda stuck in that until fall 2025 (unless I broke lease or paid massive amounts to cancel it).

Hello BP community, I’m so happy to stumble upon this community.

So to that end even though I think of myself as private I am in the business so I am a HML  the other folks posting on this site are all HML.. to me a PML is just that someone who is private and NOT in the business they they do a few deals out of their IRA for solo k a year and generally to people they know..

I'd enjoy to connect so feel free to add me!

With the current housing market being so competitive, how do you see private money lending playing a role in securing properties quickly?

So there isn't a tax benefit that I am aware of. 

So, your strategy of a downstroke and then payouts over time make sense.Obviously, the seller would like 100% cash upfront, but those days are gone! 

Hoarders get attached to their belongings so not only do they not want to let go of all the stuff, they don't want to leave.If it's an heir of a hoarder, the play is easy.