I know the big thing would be to factor that full heloc payment into your carrying costs equation. 

Would it be better to keep the current structure under a living trust or pursue the LLC route? 

I don't want to put $200k down so I would love to hear how else someone would structure it with only $100k down and then wrap the other $100k into a monthly payment. 

With my current offers having to be subject to a VA appraisal, structuring an offer with competitive terms and conditions is particularly difficult.I wonder what insights you all might have.

My question is, how should the partnership be structured so that each partner pays their share of taxes at the end of the year? 

TIA. a shipping container home. you can buy them prebuilt. stack them like "apartments" or connect multiple for larger units. structurally sound, weather and fire resistant. they look cool. and because of their size the entire house can be built in a shop (no bad weather days holding up a build.) loaded on a truck and unloaded at your site.

If the bank learns that you sold on Subject To, they can call the loan due and you have 30 days to pay off the loan in full or they could start a foreclosure.Your homeowner's insurance will no longer cover the property.Here is some information just to educate yourselves:https://www.biggerpockets.com/forums/79/topics/1063120-pace-...

This is several thousand dollars less than I would’ve gotten at the full 75% LTV, but she claims it is a Fannie Mae requirement?

@Olga Daisel It depends if you are looking for a full doc, lite doc or no doc program.

We did a full gut remodel on this house which drove the cost pretty high.