Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

Just outline expectations and roles, and what each of you guys are going to do, and how properties will be acquired and how they will be disposed of, and how and when money will be taken out of the company and you should be good.

fee of $5,000 to which I responded, "with all the money out there seeking a place to be, why would I need Lendbase to shop for a loan for me?".

But now I'm thinking of renting the whole house and getting a cheap apartment to save even more money.

Thus more time, money and risk.  3. 

First - You should be investing to make money and a return.

Charlotte and Phoenix used to copy each other in trends but the last few years Phoenix pulls ahead so, depending on your strategy, follow the money and invest in Phoenix. 

Quote from @Greg Grisez: Quote from @James Wise: Ya know, I'm surprised nobody has brought up the obvious to you here.

Also, a few private lenders or hard money lenders might have some more creative terms for multifamily, especially if you're open to considering that route.

Double your money on your 60% left over.