I know others will differ but there is an amount that, if you already trust the partner, will be more trouble securing with anything more than a simple MOU/Contract and Hiring contractor with a power of lien.Are you doing the work yourself?

They use the JP court and sheriff's department for enforcement, so they wield a lot of power.

Originally posted by Luis A.

Also, if the house appreciated 50%, in the second scenario you would have made 50,000$, 50% of the equity you have put into the house. those 50,000$ are 111% of the equity you would have had if you used 30 years amortization.So assuming these (perhaps unlikely) conditions, after 15 years you would have:15 years amortization: 150,000 in the house, 110,000 from the compounding cash flow = 260,000 gain.30 years amortization: 95,000 in the house, 500000 from the compounding cash flow = 595,000 gain.Just to show you the power of cash flow and compounding returns.

My realtor doesn't think the seller will go through that (it's a power of attorney sale - the seller is 96 years old).

My rentals are class A.

It is free and quite powerful.  

Elderly people take to automated RV's.2) AI - Home Building AutomationAt first AI will be simple.

What type of Power of Attorney is used to authorize someone else to execute a deed?

Thanks, @Ricky A. !