What are the chances of the first asking for payment in full from the due on sale clause in the note?

@Annie Schrock Have you and your friend considered private note-lending with an experienced team?

You just have to take note and remember who did it, and continue to focus on yourself.

I have had a few interesting conversations with 2-3 people in my circle of influence that want to participate in REI, specifically my recent success, but they are both gun-shy in committing to any specific "complex" real estate deal, and have sub-$5,000 amounts they are wanting to commit.Without getting too much into the minutia of their mindsets and arguments, it is important to note that they are willing to give a much smaller amount of money for advertising and, in return, are expecting a faster, albeit, higher risk return through wholesale deals obtained during that time frame.My actual question for you is: have you ever structured any kind of private funding "deal" that officially goes towards your marketing in exchange for a piece of the net profits for (insert time period)?

You create a note, a deed of trust, and a handful of other documents that protect you as a secured lender.

Flipping, wholesaling, apartments, lenders, realtors, note investing, short term rentals, mentors, coaches, selling financing, private money, hard money, syndicators, REITs… Enough already.I know, it’s not really BP’s fault--or yours.

Sellers like to use their title company because they know the deal will close.As Adam noted, he who is paying gets to choose.

Side note.. the buyer is cool with using his funds from escrow to do the transaction. 

Just to note, there is no harm in keeping it under your personal name until you grow.

If a lesser amount of time is required (say 30 days), then, when the clock starts on the 60 days may be a company option.On a note of caution, the comment of having to make it look lived in and you being in the process of renovating.