Curious how you’d approach or structure this.Thanks in advance for any insight or creative ideas! 

It's just a bad idea that could bankrupt him if an when things go sideways.Rents are low, vacancy will be high, it's an old property, a landlord insurance policy in Houston is going to be in the neighborhood of $4k (and getting it insured during the rehab will be VERY expensive), that's a part of town with real flood risk, and it's an area likely high in petty theft and crime. 

It's one of the best ways I've found to connect directly with serious wholesalers and other investors who are open to sharing what's working.I'd be happy to connect and exchange ideas.

In a unique situation (at least for myself) and wanting to get ideas.

We can also likely look forward to less volatile rates and housing market confidence.50 Year MortgageThis weekend, the idea of a 50 year mortgage came to light as the FHFA Director Bill Pulte announced.

Any ideas or advice is welcomed and encouraged.

I estimate total construction costs will be around $1.3M–$1.4M.His initial idea is for me to cover the construction costs, and then we split the profit once the project is sold.How would you recommend structuring this deal?

Please leave any comments, ideas, advice, stories, etc below!

Looking forward to contributing to discussions, exchanging ideas, and staying inspired by the success stories in this amazing community.

Companies may already offer this, but not in smaller markets.I think this is an interesting idea.