My last property I acquired took almost 3 months of counters.ARV = 115KRehab = 7KCost = 20KProfit = 17250 (15% Min)MPP= 115K-7K-20K-17250=70750Listing Price = 92K, 240 DOMOct 1st Offer 52K cash, rejected 92K counterOct 7th Offer 55K cash, rejected 88K counterNov 1st Listing Price Reduction to 82KNov 1st Offer 55K cash, rejected 79K counterNov 14th Offer 57K cash, rejected 75K counterDec 1st Listing Price Reduction to 72K(I smell BLOOD)Dec 14th Offer 59K cash, close by 12/21.AcceptedI was able to go far below my MPP based on the DOM, pattern of price drops, and the end of the year that was approaching (plus stubbornness).As you go through more of these you'll learn the banks pattern for reductions.

Negotiations stopped here.I am happy with 20% rev share but am concerned about the impact of 0% ownership...Also, it should be known that MGMT LLC does not have an intention of acquiring ownership in anything moving forward other than the 1% ownership of PROP LLC and the 50% of cashflow from PROP LLC.

Look at the social impact a home makes to anyone and understand that you are part of that, making needs, desires and dreams come true.

They actually do have an impact, as a project needs to have a fairly high percentage of owner occupied units to be "warrantable".

When REO troughs are at capacity, then you will see lower prices in short sales and trustee sales as well as delays in foreclosure commencements.Price fluctuations will also impact discounts as well.

You can always get a judgment for this, but it is hard to get blood from a turnip.Higher deposits will indemnify you more, but it will also make you less competitive in the market.

After some research, a longstanding close relationship with a non-blood relative can still qualify for the Kiddie Condo Loan, which shouldn't be a problem proving with one of the investors who is also willing to cosign.

Don't mix personal and business funds -- it makes accounting more difficult and impact the protection you get from having an entity.

It simply becomes cheaper for them to do the deal themselves and hire the help.I am only addressing your questions and not any of the other issues associated with commercial lending that could have an impact on whether the lender allows a seller second or not.

I think I understand your question...The refi should have no impact on your tax burden (ignoring write-offs for loan costs and mortgage interest).