Purchase Money Mortgages: Frequently a seller of property will transfer the land and take back a second mortgage called a ... profits: a percentage of the gross income or an actual equity interest in the project or, perhaps, a share of the buildera#39;s profits. ... For example: The development team which buys buildings for aquot; rehabaquot; purposes can keep its work crews busy during slack periods in new construction.
|Title||:||Manual on business opportunities for small and minority businessmen|
|Author||:||Nonprofit Housing Center, United States. Dept. of Housing and Urban Development|