Sponsor has executed this strategy multiple times, management company specialize in this kind of asset-Does the Asset support the business plan?

This house isn't a homerun financially but I felt like it was a good one to start on..

@Marci S.This will be challenging as most lenders will lend on an asset.

@Ryan Daulton, as you can probably tell from the replies, "having a partner" means different things to different people.Like Nathan noted, entering into any type of partnership, where there is communal ownership of an asset, is a lot like finding a spouse.  

It's business and financial literacy.

Meet with brokers and other professionals in different asset classes.

The 70% LTV and 3% origination cost you mentioned are typical, but they can definitely vary depending on the lender and the specific deal.Regarding the LLC or Trust, you're right, it's a good idea to explore those options for asset protection and potential tax benefits.

I feel that any investment that makes financial sense according to your goals is a good place to start.

They have seem my flips and know my business in some ways and are now starting to get more and more interested.Our 2025 plan, for the first time, is to have two family meetings a year where I go through all of our real estate, stocks, cash, and any other assets and explain to them how each one makes money.

Chad aka Coach Carson is an entrepreneur, writer, and teacher who used real estate investing to reach financial independence before the age of 37.