In real life, the portion that goes to principal increases by the same amount that the interest due decreases.Credentials don't seem to matter in this thread, so I won't mention the MBA I have with a specialization in finance, or my time spent as a commercial real estate loan servicer.  

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

Basically, you ask permission from the mortgage servicer, who then informs the mortgage investor assuming they are good with it.

So far I have not had good customer service. 

Some mentees will act as a bloodhound for the mentor, knocking on doors, driving for dollars, scouring the internet, making cold calls, or performing other services that help the mentor find new deals.

Quote from @Sean O'Keefe: This company is 3x the price of two well-known companies providing the same service and mentioned here:  https://www.biggerpockets.com/forums/51/topics/1136752-expla...Hopefully price isn’t the only consideration 🤔 For DIY, I'd say it's at the top of the list.

Before implementing such timing manipulations, consider the risks:You may not be able to receive the money laterYou may not be able to close the deal laterYou may not be able to buy the goods or services laterEven if you are able to do it, you may not be able to keep the same price or the same timelineYou may miss other opportunities meanwhileNow tell me - are these risks worth potential tax savings?

The other thing to consider is that a bank might do 80% loan to value but also require a Debt Service Coverage Ratio of 1.2. 

Structuring the Deal with a PartnerWhile your partner cannot directly participate in the loan, there are ways to structure your arrangement to reflect your 50/50 partnership:Option 1: Post-Purchase Equity SaleYou obtain the 203(k) loan in your name as the owner-occupant.After closing, you sell your partner 50% equity in the property via a quitclaim deed or similar legal instrument.Your partnership agreement would outline each person’s roles, responsibilities, and share of profits.Note: Be mindful of FHA’s rules around title changes and ensure this doesn’t violate loan terms.Option 2: Partnership Contribution AgreementYou both contribute to the down payment and renovation costs as outlined in a partnership agreement.Your partner’s contribution could be recognized as a share of the equity in exchange for funding, services, or property management.The partnership agreement would detail how profits, responsibilities, and equity are split.Option 3: Joint Venture AgreementStructure the deal as a joint venture, where you own the property personally (required for the FHA loan), but profits and roles are split per a formal agreement.Your partner could receive equity-like compensation through profit-sharing without being on the title.3.

You pay the contractor for their services and then keep all of the profits.