Worse case they pay taxes on the money they get to keep.  

Hi @Asif Ali Kabiruddin Rajani,What we hear a lot from other Americans is that real estate opportunities tend to cost less here in Europe (especially in countries such as Spain where we are active).A thing to keep in mind though is your tax planning as you will still need to pay taxes based on the US guidelines if I'm not mistaken. 

They wanted us to pay $7,000 to address these areas.

How long would it take to pay off? 

Wouldn't it be beneficial to pay for an hour of your cpa s time so they can guide you on how to categorize these things?

In this case, we had a renovation loan that required us to identify a general contractor and plan the entire renovation before closing, so we had to move fast or lose the deal. 

Depends on your real estate goals and if you have a solid plan for the equity, but the days of getting 2% to 3% rates are far behind us and aren't coming back anytime soon.

If you just need to pay them back the 20% they are owed, then you pay him out of the proceeds of the cash out and net the remainder.

Lastly, plan to leverage your future income from working at your dad’s business to support your investment goals.If you want to discuss further, or would like to talk about taking out a loan in order to buy an investment property, or for any other purpose please feel free to DM me.

Instead of just accepting pay stubs or income statements, contact the employer directly to verify employment status and income.4.