He has been wrong for so long at some point he might be right but that is based on that same idea that a broken clock also being right twice a day.

Keep in mind this lender does not know you  does not really know the property.. they are simply making a loan based on a loan application and some sort of apprasial..

I have an accounting degree, can read financial statements, and can give light advisory based on financials because I've been in the REI space for a decade now.

Anyone based out of the Maritime provinces in Canada?

My proposal is to do the following:1) Create an LLC in which my partner and I are both owners/operators2) Have the title of the property put into the name of the LLC via quitclaim deed3) Have the Operating Agreement of the LLC outline ownership based on shares ownership model.

It is very algorithmic-ly dictated based on and numbers and percentages. 

Youre fairly local to me I am based out of New Bedford

I buy, add value, and build from the ground up.You are retired, and based on your picture, you are not old.

Based on a quick look, houses are cheap there, pick one that is crappy and in the best neighborhood.  

I've done a few dozen flips, a couple spec builds, bought and sold 3 short term rentals, bought and sold 2 long term rentals, and bought and sold a few commercial deals.I love what I do but the lately I've been craving adding something else to my plate that is more service based (but still related to real estate).