I am counting his 10k your 10k and another investors 10k as 25% position.

My wife is fully supportive of my desire to dive into real estate, so I definitely count that as a blessing.  

Additionally, if your partner has $0 funds and you have 100% of the funds that would be used to purchase the home, you can use your funds as well and not have to count them as a gift, so long as they are in your account and fully seasoned by the time you buy the property. 

I imagine he would have to be the one qualifying for the loan, and my down payment would count as a gift to him, but I'm not very familiar with how this all works. 

@Redgy Saint-Germain does Owner Financing and/or HMLs count towards the DFE requirements?

Remember that if you are building in a neighborhood that there are no newly built houses you have to be able to beat the price of those old houses although your property is brand new and the rest of the neighborhood is not (If the comps are older than 10 yrs then you will be able to sell for a little more but as an investor don't count on it...). 

Yes you can, most people don't because it isn't the property making that return, it would be the same if you lived under a bridge and didn't pay rent so it is really just extra savings, but if you can be comfortable in the property you can count it that way.

A 1.7 acre lot with a 8 bedroom 4 bath brick home, with an in law apartment which is included in the bed/bath count.

@Cory Raizor  Her debt or income won't count as long as she is not coming on loan even though she is only on title.

In the last count, investors bought more than 1400 properties thought OP with MI promotional activities without regards to investors’ well beings.