I would like to do a very small group that wants to actually have a topic, come up with a plan of action and execute. 

hi @Howard Mayne, I'm looking for a plumber too, who did you ended up picking?

Rob, thanks for your reply.Really only looking to discuss the idea of the management requirements and the mechanics of executing a 50/50 split - not everyone's philosophies on partnerships or what everyone would view as "worth it" as I've been through this on other posts.This post is just about executing the 50/50. 

Hi, all.I'm buying mortgage notes and judgments.Does anybody have any contact information about top executives at Midland Funding LLC or Portfolio Recovery Services?

As usual, apologies for ignorant or overly basic questions, typos, etc...so over the past year i have successfully converted a traditional ira over to a sd ira with checkbook control and have had good early success with cash purchase and rental of 5 single family dwellings. on the post-tax side i am am about to pull the trigger on my first leveraged investment property, also a sfd on which i have an executed contract and will close in a few weeks.  

Because the world is full of people who learn, study, and plan but never execute. 

Rent credits can easily lend to equitable interest in the property and you really just need to keep your LO Tenants as strictly Tenants, until they execute their option to purchase.A 1-year lease is pretty standard on traditional leases.

@Howard Greisman I had a similar question and came across a BP post that seems to provide the most thorough answer.

@Howard GreismanYou need to find comps just as would for any time you want to sell even if it's in the future. 

Our broker told us for the initial offer to have the closing date 90-120 days after the purchase agreement was executed.