Now I realize land trusts as rentals are a way for slum lords to remain anonymous.

Example:Purchase Duplex property for $80KDown payment $20K (plus closing costs$60K loanNo Rehab Refi 6 months later 70% LTV ($80K Value) with New loan $56K$60K - $56K = $4K remaining on original loan.  

Upon the sale, then at that point, I would satisfy his note which he was ok with.

For the rest we remain in them with our own capital.

At this point it's mostly interior cosmetics and bathrooms (full gut) remaining, about 8 units. 

At this point it's mostly interior cosmetics and bathrooms (full gut) remaining, about 8 units.

If the customer is fully satisfied we will ask if they are willing to post an online review about their experience (100% OPTIONAL!!).

Having someone in the house doesn't prevent you from selling it, it just means the new owner will have to honor the lease and you would have to give them whatever payments remained.

Hi all ,My father and I have worked together on a number of flips, though his rental properties have largely remained separate.

My properties also have appreciated quite well and I hope they remain that way.So for a MF, I look at more of a cash flow instance to acquire more funds for saving and purchasing.I'd say your have a good deal relative to the all in cash and cash flow you would be getting.