Taxes and insurance are the only landlord paid expenses.

I am looking at a deal that includes a couple of pre-hud homes.

If you received a credit then presumably you were paid the money necessary to pay the seller's prorated portion of the current bill. 

When I did mine I got the closing costs waived by taking a 25k draw at settlement (I paid it back 1 month later).

., then the profit split is paid out.Usually they are feeling the process out during the first one they invest on. 

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.