Occasionally, you will find private money lenders that require a percentage of profit on the sale, rather than, or in addition to, the other fees and/or interest.Loan terms can also vary, but most private money loans tend to be about 6 months.

For me it makes sense to contribute to my 401k, realize the tax savings and simplify my life (by not managing additional assets in real estate).  

I think Eric Lee at Proline Tax Advisors does it: http://www.prolinetaxadvisors.com/The legal filing with the state is essentially the same no matter who you use.

I am considering using this property and some additional equity as leverage to buy a larger multifamily, but haven't yet found a property that I'm interested in.My goal is not to have a ton of properties, but to have cash flow to exceed my expenses and leverage reduces cash flow.

We decided to get the roof patched for now and got a couple bids from $3k to under $1k, since a new roof was over $10k and we wanted to do all that once after we foreclose with a 100% rehab loan.On top of this, our attorney discovered a release of mortgage was filed in the past, which is what made the homeowner believe there was no money owed.

I guess to understand fully, what type of tax returns were filed and what does the deed actually read in terms of ownership. 

Hi, I am looking at doing a rehab and addition on an older home. 

Hi, I am looking at doing a rehab and addition on an older home.

I would make sure your insurance quote includes additional fire coverage.

An additional benefit of purchasing an older building is providing an option for converting the building to a Single Family.