Sorry, I just couldn't resist the bathroom humor.For the most part, I am seeing opportunities that involve SFH, either owner occupied or investment property with tenant.

Originally posted by Rusty Goldsmith:If there are things you worry about and want to know about Rehabilitation Tex Credit or Investment,it would be wise to consult experts like Ed Butowsky to have good briefing about what you're going to encounter.Rusty, this is the second mention of this guy, the other was about lending, now tax credits, it's spamming by a second party IMO.

Because you are pooling or grouping up multiple properties into one transaction you are naturally filtering the potential counter-parties to the transaction with the amount of capital required to purchase said assets.

I charge a much higher lease9. if I really want the house sold I give credits for the down payment, if I don't want the house sold I give credits for the price of the house10. for owner benefit have the term be 1 year, for tenant benefit have the term be 2-3 years11. at expiration of the option if tenant has no gotten a conventional loan or hit the lottery [ megabucks in Las Vegas ] he is vacated, 12. rinse repeat, until a tenant actually purchases13. [ lucky 13 ] pay taxes on the option down payment, and keep what's left overGeneral Housekeeping- have an escrow company hold all payments until all contracts are signed by both home owner and tenant- all payments are collected by 3rd party company, owner's bank get its payment, I get my cut- I take out title insuranceAssignment- once all paperwork is signed and money is rolling in and tenant is paying, sell the entire deal to investor, as cash flow, for an assignment feeDid I leave out anything?

The agents and parties to the transactions will have to sign forms attesting to this fact.

I agreeJon Klausit is both and though I recognize the liability part I still own, it is just that I don't delude myself that it is always an asset.

To make it binding by the parties.

I think the hardest part is making your first acquisition.Ray

http://www.insurent.com/slpb_ll.shtmlquote from their website:" For landlords, the Insurent® Program is a unique no-cost method to increase occupancies, eliminate rent loss, and streamline the rental process for all parties where the prospective renter does not meet your minimum financial requirements, and needs to put up additional security, prepaid rent, or have a qualified co-signer at 75x-100x the monthly rent.The landlord accepts the Insurent® Program; the renter pays for the Insurent® Lease Guaranty.

In the event your brother or sister would ever have to have thier assets valued, the note will need to meet tests as to having been originated at arm's length since it is between related parties.