@Clayton Swansen I don't buy into the notion that you absolutely have to buy a house that would also make for a cash flowing rental.

furthermore without reading the in between comments, i'm assuming it's because he invested a lot of money which is why they are paid off and that's contributing to the 6% cash on cash return.Leverage will get you more money out of your properties.

My CPA told me to just record a journal entry for expenses bought from personal accounts or credit cards as an Owner Contribution in my accounting software. 

There are ways he can contribute it into an LLC after closing.2.

I take after my Uncle who was a diamond cutter & entrepreneur, and my hazy notion as a child was that he was rich, simply because he lived in Laguna Beach, CA.

My source of funds are taking withdrawals of ROTH contributions (last choice) or using part of a large monetary gift that my parents are going to be gifting to me as part of their estate planning.

Thank you for your content, contributions, and offer to assist Bill.

Your loan also meant that You would have to be contributing the 10%, not borrowing it.

Don't know if I can contribute much at this point, but glad to help if I can.

Hopefully they have another deal in the pipeline to pay their bills again next month..This notion that all agents are out there crushing it and screwing people out of profit or equity return has got to stop.