@Steve Babiak might be able to provide some guidance as he has written extensively on the topic and I recommend searching and reading his posts on the topic.

I have been actively acquiring Notes for passive cash flow since that time.I like the the passive nature, the safety and the cash flow that I receive from Performing Mortgage Notes.I upgraded to BP Pro & upgraded my profile.

If the current property has been performing to expectations/satisfactory then would refi to a 30 year note provide the cash flow to invest in another property sooner?

My daughter is running beauty parlor since last two years. Now she is planing to extend it but the problem is coming from finance side. We have also applied for loan with banks but they refused. What mode should I app...

You've got a LOT of catching up to do, reading previous threads; blogs; watching webinars as they come up, then ask more specific questions that you still cannot locate the answer for after all that extensive research.

Seller can make sure that the govt extension for not paying taxes on a deficiency or still in place and not have to pay any taxes on it and they make out like bandits.Either way, taxes on a deficiency are going to be a lot less than if the bank comes after them for the full deficiency amount.  

I have been actively acquiring Notes for passive cash flow since that time.I like the the passive nature, the safety and the cash flow that I receive from Performing Mortgage Notes.I upgraded to BP Pro & upgraded my profile.

Percentages of the ownership, percentages of profit split and percentages of preferred yearly returns all depends on projected property’s performance and desired return for investors.Good luck,George

However, if you trying to get loan on the property you have under contract I would make doubly sure that they can perform as promised.

Hi Scott,I'm using Kathie Russell for legalMy CPA is David BoycelBoth have extensive real estate investment experience.You should also check out  http://www.treia.com/ for more resources.Cheers!