If so, not much would need to be done other than to say "no", as the kids would currently own the property outright by operation of law.Now, that said, step-dad may have his own claims to be considered in evaluating all of this if he in fact contributed to mortgage payments, maintenance, etc.

I would buy a multi family deal and do the refi cash out after 1 year later to get your down payment back.

Note payments have paid a ton of my debt off!  

Your credit score is very good and if you have the assets to fund the down payment and interest payments, I don't see why any lender would not do a project that large unless their funds are limited.

what is her payment  history like?

Payment will be expected at various points during the project, and will be spelled out clearly in the contract to avoid surprises.

(By the way you never own anything,even after the mortgage or car payment is complete there is always tax payments and maintenance).

This is my current starting plan: save up to 20% of my net salary for the down payment of my first deal in approximately one and a half years ($15k more or less).

An example is that a group of people didn’t bring cashier’s check for upfront payment as they agreed, so he didn’t give keys to them and requested cashier’s check.

Hard money = typically make payments during loan period, may be interest only or interest & principal.Private money = can get balloon loan with total loan plus all interest due at end of loan term (which you obviously pay back sooner b/c you sold your property).