Selling long-term stocks at a gain won’t offset passive gains directly, as these are classified as capital gains.

Structuring the Deal with a PartnerWhile your partner cannot directly participate in the loan, there are ways to structure your arrangement to reflect your 50/50 partnership:Option 1: Post-Purchase Equity SaleYou obtain the 203(k) loan in your name as the owner-occupant.After closing, you sell your partner 50% equity in the property via a quitclaim deed or similar legal instrument.Your partnership agreement would outline each person’s roles, responsibilities, and share of profits.Note: Be mindful of FHA’s rules around title changes and ensure this doesn’t violate loan terms.Option 2: Partnership Contribution AgreementYou both contribute to the down payment and renovation costs as outlined in a partnership agreement.Your partner’s contribution could be recognized as a share of the equity in exchange for funding, services, or property management.The partnership agreement would detail how profits, responsibilities, and equity are split.Option 3: Joint Venture AgreementStructure the deal as a joint venture, where you own the property personally (required for the FHA loan), but profits and roles are split per a formal agreement.Your partner could receive equity-like compensation through profit-sharing without being on the title.3.

Also, I've been asking most people I talk with for references and keep getting in contact with more people, all of whom have been happy to chat for a few minutes.

I’ll admit I’m partial to getting out there and feeling the vibe myself, but if you’re short on time, a good local contact can be gold.And don’t underestimate markets like Phoenix or Chicago either.

Also I agree buy direct through turnkey provider or broker.

Happy to share the contact, message me.

A couple months ago i was directed to the bigger pockets podcast by my twin brother Derek.

Getting your real estate license can be helpful, especially if you want direct access to listings, market data, and the ability to save on agent commissions.

Because significantly less than 100% of your investment actually goes into purchasing or improving the property, and the property is purchased at retail value (or worse), your returns will badly lag any benchmark of direct property investment.  2.

In some states you can make an offer / negotiate with the county to buy these properties directly from them.