I never predetermine my exit strategy on any deal, meaning I don't look at deals as this one is a wholesale, that one is a fix-flip, and that one is one I'm going to hold as rental.

(3) I get him paid up, and then we have a legal agreement that we "co-own" the house and he has to keep making payments, and if he doesn't, I can buy the house for a pre-determined price if he gets behind again - I read about this somewhere, but it's not clear how this would work to meI'm leaning toward (2), to draw up a legal document saying that he is selling the house to me, and at the same time, pay off the bank for him and get everything level so that the sale can go through and I have time to get conventional financing.Any ideas?

I'm thinking of working out a deal with a PM where I do anything that falls into any predetermined categories of maintenance and they handle "tenant stuff"  and major issues. 

I can also write the contract such that it is void, if I am unable to secure financing by a predetermined date. 

MLO with a balloon after a predetermined time?

., for a predetermined partial pay off.

Why not consider bringing on equity investors and have it structured where you can buy them out for a pre-determined price within a given period?

The easiest way is to treat the investment from your partner as debt and just pay a pre-determined amount of interest.  

Hello BP Forum World!My partner and I have kicked around the idea of establishing a "get our cash and run" system. The idea would be that once the equity in a particular property reached a certain level (trigger point...

We had set up payments so that I paid 20% upfront and 20% after each predetermined milestone.