He is asking for 25K in the case if we break up and we have to sell the house I will get half of the 130 K.

@Steve K.

Originally posted by @Amol K.

@Randall K ComptonHe’s shopping your offer.

Originally posted by @Jon K.

My first investment went this way: We bought the house  and fixed. we invested the same almost amount almost the same amount of the purchase price $89 K.

Originally posted by @Aaron K.

@Jack StrycWill the inheritance funds be coming from a retirement account such as an IRA or 401(k)? 

@Ryan Guffey Yes that is correct the 6 k was my contingency.My deal analyzer program is generac.Its good for a quick look ,but no substitute for a bid from a contractor.My HML asked for my SOW I didn’t realize they would use it as the Bible for my reimbursement’s.Live and learn.My first deal was also an open house,all investors had an hour to view the property and make an offer.I was so concerned about overpaying,but apparently it worked out well.The other 8-10 investors were sent home and I got the deal.

At this point, between my wife and I, we have an S-corp we control, an LLC we control, a property we own, and four K-1's.