It's for an increase in rent 10% only and changing the method of payment from electronic to money order

We secured hard money for the pre-approval; however, we'd be interested in comparing terms with other lenders over the next few days.

He pays what you call regular income tax PLUS 15% self-employment tax (Soc Security/Medicare).

I am hoping that I can scale up sufficiently where a bank or a lender (private or commercial) is willing to look at us for financing and hopefully refinancing the whole portfolio or give us financing where we can start purchasing in with methods so we have more options on the table given that seller finance deals are hard to come by some times.  

My name is Jeff Morys and I am looking to learn to use the BRRRR method haha.My goal is to buy a duplex, live in one side, rehab and rent the other half.

I assume you have a security deposit?

But what method landed you that first deal?

If a buyer uses a “subject to” method to structure a deal, can they bring on a investor to help fund rehabbing etc. ?

Yeah that makes sense on a larger property there are economies of scale so hiring security cost per unit wouldn't be as expensive. 

Is there a security deposit?