Advice on Investors.

[Josh Cordle]

As i have been told in any business, its always better to use someone elses money to invest even if you have your own. I recently bought my first property, and it has a positive cash flow. I'm looking at buying my 2nd property which is a place for me to live in. I've been told even though i bought an investment property, i can still buy a place for me with an FHA. Now because the FHA is smaller than the normal 25% investment DP I was debating on having someone invest, the down payment so I can keep my capital, add more too it eventually buy my 3rd property. I'll be using an FHA to buy a 4 unit. I wanted to get advice on whether if people ever do this. If so what do they offer in return? I'm still new to the real estate world, however right now, I feel like growth is more important than income at the moment. My job supplies me with enough income so I don't have to depend on my investments yet. However I don't want to write a huge DP check every time I buy a property. Thanks!