I guess my main issue is covering the rehab/closing/exit costs.

The properties are being held as long-term rentals and then exit for the appreciation.

My target price 30-35k (wholesale is the exit strategy but buy & hold might work as well) mortgage balance 39k, monthly mortgage payments $576 (15 year fixed loan to mature on 2026)The challenges: Husband hold title to the property, mortgage under the name of the wife. loan balance is higher that my target price but not by much.what is the best way to structure this deal?

@David Franza the longer the term of a lease option, the less likely the end buyer will execute.Also, the terms that you would offer the end buyer should have been calculated when you made the offer on the property to begin with.Not trying to be a toot here, but when you lock up a property, it's the same as buying a stock..you need to know one thing for sure...Your exit strategy!

What I'm seeing is mostly daisy-chains, non-directs, that are marked up to unprofitable levels.After learning quite a bit about note investing, and practicing a lot, although I'm nowhere close to professional status, I think I'm ready to "get in the game".Most of my education is around valuing notes, exit strategies,and acquisition strategies (i.e. self-directed IRA's, etc).

There's also market yield (reinvestment yield), loan amortization, tax VS debt, exit yield etc.I recently started reading "What every real estate investor needs to know about cash flow..." by Frank Gallinelli.

You’ve posted few details, Ky, but I would not normally view a buy and hold as a safe HML exit strategy for a rehab.

So you will be locked in to this and not have an exit strategy other than rent at a negative cashflow.Biz with family esp something where they are "gifting" you the property and then you "gift" them the rent can get ugly.

Our jobs situation is why I am still somewhat comfortable, but I've seen the Lindahl 5-7 yr number as well, and always wonder what the exit strategy will look like in 5 yrs if I buy now.

Hurst Conference Center, 1601 Campus Dr, Hurst, TX 76054 is easily accessed from the Westbound service road when you exit Precinct Line Rd (you'll see the Hurst Police and Municipal building first, then when you pass it by keep looking right and it is just off the main road by less than 1/4 mile - you can see it standing about 3 stories tall.)I just found about 12 very positive reviews of our club (all unsolicited- really!)