There are many cases where the buyers paid for the full term and then owned a property.

Here is what I know so far:- Hard Money lenders are short term, 12-18months- Rates can be 12%-15% in my area because they want to create immediacy behind them getting paid back- I'm not familiar with other fee's and expenses with a lender that you mentioned- Have multiple exit-strategies if things don't work out.

I have a lady who took out a mortgage on her property for 391 K she has paid 7 K in the property her first 10 years of owning the property was straight interest and she did not get to make payments towards the properties total cost until after the 10 years was up which is when she just paid the 7K she wants out of the home the property value has dropped to 350k which means that her mortgage that she owes the Stihl 391 so in order to get her back current I want to figure out a strategy that can get her back current that I can also make money on in a real estate deal transaction and also get her out of a tight situation

I have a lady who took out a mortgage on her property for 391 K she has paid 7 K in the property her first 10 years of owning the property was straight interest and she did not get to make payments towards the properties total cost until after the 10 years was up which is when she just paid the 7K she wants out of the home the property value has dropped to 350k which means that her mortgage that she owes the Stihl 391 so in order to get her back current I want to figure out a strategy that can get her back current that I can also make money on in a real estate deal transaction and also get her out of a tight situation

The LLC has them pre-agree to certain parameters and rules on selling, etc. which heads off many of the issues with TIC version 1.0.  

. $200,000  Loan Amount $180,000 (20% DP) 5% interest for 30 years.Property DataCurrent Market Value $200,000Tax Assessed Value $174,390Tax Rate 2.3%Current Market Rents $1500Seller made first 5 years of payments (The amount paid off in these 5 years shouldn't factor into my cash flow calculations, correct?)

Delinquent HOA assessment not paid by the foreclosed owner is a common problem that becomes the burden of the new Buyer, who has to settle with the HOA.Do the (sometimes) excessive HOA back dues increase the Cost Basis of the property that can be written off against ordinary gains or does it expense out (as passive income) on IRS Schedule E?

I have one that hasn't paid since December.

Whether or not that lead pans out as a buyer who can get pre-approved is a different story but we are in this for the long run. 

Tax for the year is about 1000, and the house has been paid off many years ago.