You could have a partnership structure where you and the investor go on title together as tenants in common, you can have a joint venture agreement, you can form an entity in which one or more investors plus yourself own shares of the entity, and the list goes on.As for self directed retirement accounts, unless you know the rules and regulations involved in that or deal with an investor who does, you should not go that route until you do.

Let me know if I can be of any help and good luck in your ventures!

Please let me know your thoughts, how this idea can be achieved and who might be interested in this venture. 

This is our first venture into real estate.

Provo will always remain a great rental market, but is super competitive right now and may not have terrific returns.I always recommend people stick with what they know before venturing too far afield.

I am relatively new to the WLO process but understand (especially as I am abroad) that a team is the cornerstone for getting deals done.Therefore, I am looking for a joint venture to assist me in the mentioned process, as there are limits to my knowledge and ability to process the appropriate paper work.If you are or know of any suitable individuals, please feel free to leave a comment or private message me.Regards,Rachel

Ideally, you would each approach this interview as a trial run for securing initial funding for your specific new venture.

I'm assuming in these types of deals, you as the buyer should know what you're getting yourself into (REOs, potentially deep discount, but higher risk venture) and the documents only legalize that fact. 

Norfolk is turning a corner with new jobs, new schools, and public/private ventures financing growth and development throughout the city.

Certainly the 40K stick built adds to the challenge, but I believe it can be overcome.The only way to sell homes without a lending license or some joint venture relationship is for cash.Good Luck!