This is essentially a refinance where I can return a portion of the investors initial capital back without having to pay a prepayment penalty.

Essentially all you need is 2 regular purchase and sell agreements.

As an accredited investor, you have access to multi family commercial investments, which are essentially small private equity deals.

Essentially the below would happen, assuming the trust currently owns the real estateStep 1) You would form the new LLC with the 100% owner being the revocable trust. 

Anyone else think that BP has taken over the Real Estate Investing Education space and essentially made the Rich Dad Company a thing of the past?

The property is In Atlanta and has an ARV of 210k, asking price is 60k, and repairs are 40k with rents at $1350. the terms of my lender are: 100% financing for both purchase price and rehab, for 6 month term with all closing costs and fees wrapped into the loan, 3 points (or additional 3 months for 2 more points) with no monthly payments at an 8.29% interest rate. so essentially I am paying $0 out of pocket as of right now which I am fine with because I have little to no capital saved up. now when I put in the refinance info, I input a loan of 147k (70% of ARV) and 5% interest for 30 years. that way I can pay off the first lender and have enough to repeat the process with whatever is left over plus what I will be saving. but then it shows negative $350 cashflow. what really eats up the numbers are the taxes and estimated mortgage payments at like $850 a month. are taxes and insurance not included with a mortgage?

Second, equity: To simplify things, essentially you’re buying a property for $434k with $25k down.

Yeah, we talked about it a little more and I essentially told him that even though its more stressful and a more difficult path, he should take the project on so that he doesn't have to sell as-is.

The home is essentially in good shape but dated as it's about 20 years old or so and could use some modern upgrades but it was the model home so it has features like granite counter tops, dual pane windows, French doors, etc...

Evicting a tenant is essentially terminating the lease.