Let me see if I can try to provide some clarity.....When you say that the property is held in your name, do you mean to say that your name is on title, or that your name is on the loan that secures the title? 

Not worth the mental thought in my humble opinion, I'd rather put my thought towards the next deal or opportunity and not ruminate on small dollars. 

I have never strong armed on the commissions, I have never obscured anything, I have always exercised complete and total clarity including client options of service and pricing level associated with that level of service selected. 

They're more concerned with the value of the property and the deal itself than your credit score, making them an option for fix and flips.Home Equity Line of Credit (HELOC) or Home Equity Loan: If one of the partners has significant equity in their primary residence, they could potentially tap into this equity to finance the deal.As for your upcoming meeting with the CPA/Tax advisors:Ask about the tax implications of flipping properties within an LLC compared to doing it as individuals.Discuss pass-through taxation and how it will affect each member.Review the benefits and drawbacks of different business structures (LLC, S-Corp, Partnership, etc.) for your specific situation.Address the issue of distributing profits and losses among the partners.Get clarity on the tax consequences of using private money lenders vs. conventional loans.Ask about any state-specific regulations or tax incentives that might benefit your venture.Lastly, always ensure you have a well-drafted partnership agreement in place that clearly outlines roles, responsibilities, profit-sharing, and what happens in various contingencies (like if one partner wants to exit the business).All the best to you and your partners.

I have 2 contractors scheduled to come out Saturday so Im hoping that will give me some clarity.

There is an issue with a tenant who is in conflict with the other roommates (she has a dog that she isn't cleaning up after, she's disruptive/ argumentative, and in victim mentality) and I think I possibly need her out. 

.💡 Find clarity on how to pursue investments in 2024's bruised landscape.BONUS: Pro Members, stick around; Scott's hosting a Pro-exclusive Q&A session right after.

For example (for clarity), say the home is worth 100k there’s 50k in equity the market value is now 200k.. is it possible for the heirs to sell the home to me privately for 125k so they can still get their equity but I’m not paying it’s market value?

Perhaps they will leave peaceably when you post the notice, but even if they don't, you're very fortunately in Texas where they don't go out of their way to make evictions more painful for homeowners.I would also file the lawsuit against the former owner, who is either mentally ill (did they "forget" they sold the place?)

This will also give you clarity into which operators, markets, asset classes are performing the best and allow you to double down into that segment.