So, there's this commercial property for sale that the owner has owned since the early 90s and he stated he will carry a contract for deed.Asking Price: $190KRequired Down Payment: $30KAPR: 6%Loan Term: 20 yearsNOI: $15K - $20K per yearThe property is a couple hours away from where I live and I do not know how many businesses lease from the building (obviously I will ask).

This job pays enough to carry me while home until it's time for me to redeploy.

Owner wants to carry 90%.

Needless to say, this is much more than I was planning to start with and don't have the finances for the $140,000 up front costs.The seller has offered to provide financing, but I'm yet unsure if they are willing to carry the entire note, but does want the freedom to transfer the note to another party.  

No grey areas in that message, leave or we will carry you out.  

In our state, I doubt a restraining order would prevent the carrying away of basic personalty, but if it is a really heinous person that might do things like strip copper or something and has a bad criminal history, I could see a restraining order being issued.I'd be happy to dig up some case law for my particular state, but I'd warn that it isn't applicable in yours.

Would it be hypothetically possible to move title and the loan into an SCorp and carry back a guaranty on the debt which would not show up on a credit report.

You need to know what the carrying cost is going to be on the money and what the typical closing costs are in your area.I think in your example, the deal would not work buying the house at 50k. you would want to pay 25k.

We’ve been picking up those LED shop lights from Costco and plugging them into motion sensor sockets we’ve added above the laundry pairs in the basements, so tenants don’t have to flail in the dark for a pull chain while carrying a load of laundry.

do not get carried away, play conservative on your first deal, leave some room for error.3) Find a qualified and experienced contractor, do not settle for cheapest, you want experience here, because their is a significant administrative burden not only paperwork, proper formatting, but also financial constraint on the contractor as these sometimes have $0 prepayment to contractor.