This is a 2 story structure with a total of 4,323 sf but only 1,983 sf foot print.

There are a variety of structures you can use depending on how many investors and their role in the deal.

Person D and I have been making plans for a few months to partner on a project under this structure.

How do you normally structure an owner financing deal?

You can rent these books from your local library and they are very helpful:Form Your Own Limited Liability Companyhttps://store.nolo.com/product...Your Limited Liability Companyhttps://store.nolo.com/product...Also, here is the info on doing it in the state of Alabama:https://www.sos.alabama.gov/bu...Typically if the structure of your LLC is relatively simple (only 1-3 members) and no special agreements, it should be pretty straight forward to get it going.

I did get a quote from Geico for $697/year, which includes structure, liability, and loss of rents up to $8,000.

Hey @Matthew Leal, the way I would structure this if it were a flip, with me being the "boots on the ground" and my partner being the money, is that the money investor just puts up the money.

The Point of Sale states type of structure as two family, though the inspector obviously saw that there were three units.My plan is to purchase cash, fix up the property, refinance, and rent.

Hello again everyone! I’ve been searching for seller financing and a lot of the property owners know what terms and down payment they want however I’m in a situation now where the owners are willing to do seller finan...

It's a lot more than just a structure physical build, that's just 1 of about 45 pieces.