Tim -I don't think anyone here was advocating telling their contractors what building materials they should and shouldn't use (unless they are a contractor themselves).I think the point of the discussion was more along the lines of who PAYS for the materials, and the tactical aspects of getting the materials paid for.As an example, my contractors can specify all the materials, and then I can pay for them and have them shipped directly to the work-site, where my project manager can ensure that everything that was delivered was either used, returned, or put in our warehouse for future use.At least that's how I interpreted this thread...sorry if I misinterpreted it...

Guy I know wants to put in a pool,,,I ask if he was kidding,,,cause from financial aspect its a waste of money, plus taxes are higher,real value that much lower.

I know the "due on sale" subject has been beaten to death here, but I haven't seen this aspect covered before.

Don drug addicts even with the best intentions if they stay around the same people will fall back into old habits.So even if your son is clean today it's only a matter of time before he gives in again.He has to change his whole environment and even move to another state if need be to get away from dealers and so called friends.Your son will never be cured and it is a life long addiction.All he can do is live day to day and set himself up for success as much as possible to prevent a relapse or the frequency of relapse.Being a parent has to be defined and I am sure currently the drugs take center stage.Even though someone is in their 20's,30's40's physically that does not mean mentally they have the capacity or growth for that age.

Over time, with Allure, the savings are definately there.

If this is a loan on a flip or any property, make sure you have LOTS of equity cushion today, not based off ARV. 70% ARV on a rehab that fails or a market hiccup is when 2nd's make the poooof sound & disappear.A information that your are in 2nd position doesn't define the entire risk without knowing the other factors.Here are 2 examples that illustrate:example 1: $200,000 ARV Bread & butter entry level home stable neighborhood $130,000 1st TD $10,000 2nd TDexample 2: $2,000,000 ARV Luxury custom home $1,300,000 1st TD $100,000 2nd TDAre both equal in risk?

It's not uncommon for an LLC to acquire multiple "credit partners" for huge multi million dollar projects.I'm in the multi thousand dollar range, ;) but I'm going to try and follow the same structure.Obviously, the benefits of having a credit partner that understands real estate investing sounds like the right move, though I've been advised to find non real estate type investors, so that they stay focused on their position within the company, instead of becoming involved in the real estate aspect, therefore keeping the number of "cooks in the kitchen" manageable.I get that, but I'm on the fence.

Id like a name that can include all those aspects of development, fix and flip and rentals. 

Honestly, @Chris Lynch there are positive and negative aspects to each idea.  

Here is my 2cents.I strive to follow the "golden rule" in every aspect of my life, whether it be business or pleasure.