It is a great way to educate yourself and build relationships for joint ventures, generating funds, and well just having a good time.  

I'm new to BP so forgive me if I don't direct you with the right actions but why not list your opportunity in the Marketplace for a joint venture partner?

@Toby Coons, what you are describing is a Joint Venture Partnership, which should be formalized in legalese writing if you proceed.

My brothers are both good guys who I trust also, but I would not rent a house to them, or do a joint business venture with them.

Continuing with the scenario, let's say the property gets damaged and the new owner has insurance and the insurance proceeds go to the new owner and not jointly to us.

Many Lenders that offer 100% Financing are less than scrupulous, and this commonly considered a red flag if you see it offered.One thing you might consider: seeking an equity Investor interested in going in on a Joint Venture type of deal.

This is a Joint Venture deal as we had our funds tied up into #2.

I’ve worn a number of hats—commercial mortgage originations, syndication, securitization, etc and was once a CFO for an affordable housing developer using low income housing tax credits.I’ve seen the tail end of the early ‘90’s downturn and was knee deep in the most recent one.

@Nick Stangowhile it can be possible to pull your personal funds with the funds of an IRA in a joint investments under certain circumstances it is very easy to commit a prohibited transaction with this arrangement. 

@Dev HornI just posted some advice on a joint venture with the seller versus a we buy houses 70% of a or B minus cost offerThe deal was 190 ARV 30,000 in repairs free and clearIf you want to be a transaction engineer you better be able to deal with notes during joint ventures with sellersThe difference in these two offers the seller would have got 103,000 with the investor deal and 144000 with the joint ventureRule of thumb  I have in wholesaling sometimes is a ****** offer to the seller and they're all going to say no and you're wasting your timeWhen dealing with Minor rehabs in good locations, joint venture with the seller is the way to go