I’m leaning towards syndication; I prefer private placements.

You need a license in Mo. if you manage or facilitate any sale or lease for an owner.If you own the property you will not need a license.Mo. is not really agreeable to the equitable interest angle, doing one deal will slide by, doing 20 deals you will be seen as being in the business and doing contract to circumvent law.All RE is local, you really need to look at what is customary in your area before leaning on strategies passed out on forums.Sandy, you are in Jeff City, the state regulators are just down the street, I'd pay real close attention as to what is expected in the neighborhood.I suggest you ask a local attorney as they will certainly know how such is viewed in that jurisdiction. :)

Please contact me at your earliest convenience if this is something you may be interested in.Blessings.Larry Simmons, [email protected]

Im leaning towards flipping this one because it will be a relatively easy flip, and if after 30 days i still own it, I'll just add it to my rental portfolio.So all you guys just getting started keep working hard, it took me over 90 days to find and secure this deal.

I am also leaning towards P&I payments, but may offer Interest with annual pay-down requirement or interest only at a somewhat higher rate.

My broker came to a deal with 7-Eleven to purchase those two properties and build out a gas station/convenience store.

Thanks @Dawn AnastasiI think the open house is what I am leaning towards now.

Any advice on making sure we don't cut our finances lean?

He said that a senior lender could not force the jr. lean holder to assume the loan or call the loan due as long as the payments were being made, even if the original borrower deeded the home to the jr.lien holder or the jr. lien holder forclosed inorder to take title, as long as the payments were being made to any senior lien.

It was so well received that, after consulting with our tenants, it is being retained as a permanent convenience service - with the difference being that costs (cab fares) will be passed though to the tenant