All of them will be on the hook for the full amount due as well; it does not get divided up in percentages based on who can afford what.Maybe you need to examine a different approach, say posting other property as additional collateral, or assigning rents from other income producing property (if free and clear).

or a percentage?

The percentage works out to about 3.35% in the case of this property, which is not very uncommon in this economy.50% rule says that the monthly expenses (excluding P&I) will average 50% of the gross monthly rent.

HUD does have some magic percentage, but I believe its based on the listing price.

Ads in papers are too expensive and low percentage of action comes from these.

I was on the Old School Title call and the percentage was 75 / 25% split.

My question: Do i have to send him a JV/Partnership agreement contract to sign with my buyout percentage stated-or can i just send him just a "brief" of my buyout percentage by itself.

I did this calculation based on simple (non-compounding) interest:2160 times 12 = annual interest needed = 25920divide that by the interest rate percentage = 25920 / 0.05 = 518400So, $518,400 at 5% simple annual interest would give you $2160 per month.

The worst part to me is dealing with the small percentage of people who are stupid, incompetent or just plain evil.'

Sales by corporations that transfer employees out of an area, purchase the transferred employee’s home and then resell to another employee.If a property being sold from one family member to another is the seller's investment property, the maximum mortgage is the lesser of either: 85% of the sum of the appraised value plus the allowable percentage of closing costs OR 97/95/90% of the sales price plus or minus required adjustments including the allowable closing costs.The 85% limit may be waived if the family member has been a tenant in the property for at least 6 months predating the sales contract.