All Forum Posts by: Jeremy L.

How would someone suggest to structure a partnership contract for 50/50 equity on small MFR when one party is providing the down payment and closing costs, and the other party simply being the owner occupant of the property?

I am looking to invest out of state. My brother is willing to move and be boots on the ground. We would like to use him as the owner occupant for FHA loan to get started, however I am the one with the liquid capital for upfront costs. I want him to "house hack" a quad in an area with low entry and BRRRR from there.

Suggestions or experiences getting started in long distance investing with low entry points (under 20k) and enough cashflow to offset mortgage are all appreciated!

@Jacob Gelinas What made you finally pull the trigger? Did you intentionally decide to overlook or risk on certain aspects of your analysis?

What mentally changed for the deal you took vs the deals that you convinced yourself out of?

Also, are you happy with the deal so far?

Tamika,

What strategy do you plan on using? Also, do you live in AL?

Jonathon Williams seems to have a solid approach that works in that area.

@Rodolfo Canon Have you experienced an option that you perfer? If so which?

@Ivan Herrera Ivan, are you looking locally or out of area/state?