In that case, you would need liquid assets of at least $9,000 to secure a mortgage.Calculating How Much You Need to Begin Investing in Real EstateLet’s do the math to calculate how much money you would need to buy a residential rental property as an investment.

It sounds like the oversupply is really affecting the market there, and with rents dropping by 8%, it might be tricky for investors to secure solid returns in the short term.

All good suggestions--if you find this becomes a bigger issue, one thing we have done in the past is offer back the security deposit in full to get people out. 

The local banker pulled a few strings and helped them secure a short-term loan while things got sorted out.

I want to invest in real estate to heavily supplement W2 to open up options and financial security. 

If he can pay all 15 months up front, that is your financial security (at least for the 15 months).

We have questions and we appreciate any insight:- Does anyone have any advice on how to structure and manage this deal and secure financing?

This would make decision making hard, on top of likely needing owners to sign mortgage guarantees, etc.Not enough involvement/too many owners, that you no longer satisfy SECs rules for involvement and it is really a security that needs registered or exempted.Some middle ground, like DSTs or these other fractional ownership, where the admin work is so intensive that fees need to be higher to make it worthwhile for the operator.Then again, I am drawn to real estate, so by nature drawn to traditional, proven structures.  

If you’re looking to build REAL wealth, then leverage of one type or another is necessary.Debt is one type of leverageSyndicators leverage investors capital as equityStart up companies leverage Venture Capitalists investments in both equity and debt.The real estate investor has 3 distinct “cycles” with debt leverage1st stage is debt secured by real estate but also personally guaranteed and often cross collaterialized2nd stage is debt secured by real estate but liability not personally guaranteed and recourse limited to specific property.3rd stage is debt free If you own units in a syndicated real property investment and the investment is leverage by debt you may not think of it as YOUR debt because you’re a passive investor, but your investment is encumbered by debt the same as property you own individually IF you haven’t personally guaranteed the debt.  

Analyze that and you should be able to see pricing tiers that will correspond to Class A, B, C & D areas.