The revolving portion is usually ~.5-.7 % higher rate so it makes sense to convert it to a principle & interest payment as opposed to an interest only.

I think the one written by Joe Fairless and Theo Hicks is quite popular and people say it's good.Agree Mike on the REG A the reason I was wonder in is 1 mil is an awful small amount of money for the cost and over sight of a REG A offering. 

Any amounts the seller owes will be deducted from the sale proceeds by the escrow company or closing attorney, including back taxes, outstanding mortgage principle and interest, transfer taxes (if applicable), closing costs, etc.

They are not an easier than full mortgages, and not usually as faster.They will increase your debt to income ratio when maxed, perhaps making it difficult to refinance later.Most are interest only for the first 10 years and then adjust to a principle and interest loan.It is more challenging to find time for investment properties, but not impossible (though many here argue this point).

But the cost of travel and the speed of the real estate market left her in an unusual predicament: She had to buy her house sight unseen.The day a four-bedroom home hit the market, her father and her real estate agent set out for a tour, with Hadley present only via FaceTime.

This doesn't definitively mean you have to cut them in on that particular transaction,-but try to not make a short sighted decision.

In my market, this often 3X's my clients total return (After-tax cashflow + principle pay down + appreciation-3%). 

The excess $5k split is undetermined.The question then becomes, how do you analyze value for Investor's $49,000 of initial shared riskLocal's due diligence and $21,000 of initial shared riskMore simply putInvestor's $28,000 of initial shared riskLocal's due diligence and $0 of initial shared riskThis is where my estimates can be wildly offLet's assume the local party has an established system in place, principled by economies of scale.

If they have their sights on holding this cash cow for awhile then I would analyze the cost benefit of doing this project.

We are interested in buying a foreclosure sight unseen to remodel and live in ourselves.