Obviously you can play around with the percentages, but the key is to assign reasonable values to each piece and then figure up what each person receives based on contributions.

If you buy from some owner and then flip it for a significant profit, the issue of your greater knowledge comes into play and, depending on your relationship, flipping a contract can be considered a net listing issue, having a seller agree to accept a certain price with you taking all the profits above that price.Next, is the broker liability, if you are out there doing flim-flam investor strategies the risk of deals going south goes up, if you tick off some owner in doing a screwy deal your broker can be held liable.Barring that and other smaller issues, like marketing, co-broker arrangements, commission credits on deals with owing the broker a % of the credit being ironed out, no broker can really keep you from owning real estate.

What features would the "ideal" bird dog app have?

I got the same amount of calls, however I have to be honest, I have not played nearly enough numbers to make it worth my while.what is your response rate when using yellow letters?

However, the situation you described did involve related parties, so, gift tax issues came into play.  

And, only the usage after 2009 comes into play.

@Lamont Hopewell , the price of the property plays a huge role in the expectations.

Would a lender (I know all lenders are different)feel that they are trying to pull one over on the lender or just playing by the rules that the lender has provided.

I was told ideally they want it paid off every year, but was also told they would willing to take payments on it monthly as long as I paid all outstanding interest monthly and paid a rate equal to a 15 year amortization.

I do plan on contacting them to find out what it would take to agree on a cash for deed.My only real question is, the borrower, what role do they play now?