Be the majority(and decision making partner).4) Vet your 'partners' - real estate is filled with many people who will lie brazenly for money. 

For this reason I would highly recommend looking at multifamily greater than 5 units (that's the commercial lenders threshold; below that your income and job would be a factor).I am constantly looking in the Atlanta area, and although it might be hard to find a multifamily for ~$366k (the $110k / 30% -->typical amount down), you could always partner or participate in a syndication (crowdfunding).  

The situation: A family member would like to be a silent partner and supply the equity for a buy-and-hold deal.

I recommend structuring ownership as an LLC with yourself and other members ( partners).

Hello,I'm Tim and I'm new to this website and new to real estate investing, I'm interested in getting started as soon as possible.My goal for 2016 is to have $700 or more in passive income from real estate.I was thinking about getting started with doing 1-5 wholesale dealsbuying my first buy and holdthen put together a deal with investors or partner to buy & hold / fix & flip  10 - 15 deals for 2016I've joined this group for education, networking and resources.Thank You, Tim

When I invested as a private lender, I kept the deed in the name of my LLC and had a JV agreement with my partner who was managing the project.

My question-How do you personally overcome this objection or teach your referral partners and clients to come to you with creative files but not miracles?  

We have also partnered a couple of flip deals with a local wholesaler and always looking for more ventures.

I am looking into investing in the area and I'm looking for rehab professionals to partner with.

Maybe time to start looking at a wholesaling this deal or finding a partner or finding the money!