If interest only, $10k/yr on $650k isn’t much of an income stream.

He suggested a Partnership called "Tenants in Common" as a way that you keep control no matter what you contribute on a property's price and have different agreements with all Partners regardless of their percentage of their contribution of the purchase price.Whatever you do just be careful, understand it, and feel good about the Partnership or anything put in writing that's a business liability of your personal involvement or responsibility whether it's monetary or not.Good luck to you!

One of the workers told his buddy "I've placed septic tanks my whole life, but never had someone care that much about one"

They are nearing closing on the deal but something just doesn't sit right about it to me and im not sure what it is - anyone care to comment?

Fortunately Insurance took care of it.

I would be careful putting this quote on a public forum.

Good afternoon BP community.  I am looking for an Architect in Gastonia, NC.  We are looking for somebody specific with making converting an apartment in a multifamily complex from a storage unit to a rentable unit.  ...

To add onto what @Wayne Brooks said:1) I have never heard of an AM with an REO approving a seller financed deal.2) Something sounds off about the whole transaction to me.

There is a deed restriction given in favor of an anchor tenant.

We rehabbed our primary house and are now building a duplex from the purchase of an off market lot, all with owner occupied financing from a portfolio lender.