Obviously the interest paid would be deductible by the LLC (unless 263A applies- flips- in which case it gets capitalized) and picked up as income by the lenders.You should have a promissory note that spells out all of the details.

More details under my profile.Best!

It's a major win-win in my opinion.Lastly, if you had 3 subject to's called for no reason whatsoever then I wonder what the rest of the story is and the details surrounding that because you are the first document-able person I've ever heard of who has had it happen.  

But they have never gone into detail regarding what kinds of documents go into those packets (so far--I'm only on episode 166, so maybe they've discussed this on a later episode).

I'm probably overthinking this but I'm trained as an engineer so there is precedent for this kind of behavior.I've read a bunch of descriptions of private money lending and I want to make sure I understand the details of the jargon used in these descriptions.

We like to be able to go in and add real value to our deals to the extent that we can achieve an equity multiple of 1.75 to 2 for our investors.Lots of other details that we look for before investing in a detail but generally speaking that is what a goos deal looks like for me and my company.

I'll pm you details. 

Details are missing here

The buyer requested the job include some detailed pictures of behind the wall as evidence there was no mold present. 

What are the details?