Thanks, 1st post, I cant believe I haven't used more BP in my investing career thus far, so much valuable info! 

Not all great deals are listed on the MLS.

I look forward to fostering a growth in knowledge, understanding, and connection by utilizing the tools and resources provided through bigger pockets.Thank you for your time,Brian Luter

Asking in the correct forum will get a better response.Read the RULES!

Of course the solo would also pay the notes.

Welcome to the community, Rajendran!

@David F.As Russell mentioned co-ops are probably 1/2 the price of a condo and you would also have extensive costs to set up a co-op and typically it’s my understanding the builder funds the first 1-2 years of reserves.

Who gets blamed for and/or has to handle the following unique to nonfamily roommates:1) Missing personal possessions?

Has owner financing come up in your conversations with your friend from church?

Very few allow any subordinate financing below their note but I do have ONE that allows 90% CLTV (they loan 75% and allow you to secure a 15% seller carryback as long as you come in with 10%).