I hear mixed reviews on how long it takes to receive the deed to the home and how long before your able to sell it?

Then when you are ready for your next deal review those notes and see if this is someone you want to work with again.

You've had conversations with the borrower and I have not, so you're in a much better position to guide her. 

If the number is positive, you add it to your income. 

The owner may be taking the position that since you passed your inspection period/attorney review period if you have one (I am assuming this) that either you close as per contract or you don’t, and perhaps you lose your EM.

Hello Everyone,I have a house under contract and was reviewing best practices for LLC's and conventional financing.

I did one of these a while back with a multifamily in Massachusetts and it got a lot of positive feedback.

I am 22 and fresh out of college working a sales position for a food company.

After further review of the house it’s seeming like the renovations are bigger than I expected.

Essentially, they would be in 2nd mortgage position to the underlying 1st mortgage, but they have the right to foreclose in 2nd position if something happens to you.Happy Investing Derek Dombeck