looking forward to submerging myself with all the knowledge I can take in then pull the trigger on a property!

As far as what I do, I am a funding specialist and work closely with real estate investors to raise capital tax-free by using a specially designed holding account that grows your money between 5%-10% of interest and when it is time for you to pull the trigger on the next property purchase, you will enjoy a much lower lending rate of 3.5% - 4.5% on time for their next property.I've been doing this for 9 years and have worked closely with real estate investors for the last 4 and a half.About my future goals, I am interested in partnerships with other investors within the local area (Bay Area).

There are legal guides and considerations to follow.

A few suggestions:Get a Job, Borrow from Parents/relatives, Get a partner for the deal, or (trigger warning: not PC)  renounce US citizenship, cross the border illegally, and get all the government money you need.  

I can't imagine painting a house for $500... even in Ga, where the cost of living is considerably lower than in Ca.

I understand that there won't be any cashflow but the loan paydown and appreciation over time hopefully offsets not having cashflow.Legal and Financial Advice:Do you have any recommendations for legal or financial considerations we should take into account when formalizing this co-ownership agreement?

The only consideration may be that you’ll still need a registered agent for service of process in NJ.

As soon as you start taking refuge in the odds of the bank foreclosing you concede my point.By the way — do you have an interest in getting people to buy subject to, either through a course you offer for consideration, or from property you want to lay off? 

Just make sure you do your due diligence before pulling the trigger.

To get this, I’m paying them about 10% over asking price in total purchase consideration, but the terms and monthly payments are so favorable that it really doesn’t make much of a difference.Although I’ve read extensively about these deals, this would be my first and my big question is around the taxable basis of the property.