For example, As long as you qualify (debt ratio, credit score) you can take out a conventional loan with just 5% down.

The Branson market has fewer 3/3 units in the inventory, so you should do pretty well depending on cost and location.

I would gladly send you a list of our current DST inventory and discuss your situation, goals, and what might make sense.I also sent you a direct message.

@Rene Ochoa Conventional loans will go to 75% max for cash out on investment properties.  

I don't like the terms and would try to avoid.We could still do a conventional loan and if I'm not mistaken it'd be this whole "gift money" thing so the shared ownership wouldn't be recognized legally.

We're both on board with the idea now - my question is around how to make the purchase and structure the agreement...we both want to go in 50/50 towards a conventional loan and then have it managed by a property manager. 

The only advantage is has over conventional loans is the 0% DP and no mortgage insurance. 

This is a conventional loan so my understanding was that I could request the removal of PMI once I got to 75% LTV (as opposed to 80% with a primary residence) as this was the case with the other properties.

Los Angeles rents remain well above the Western regional average of $178 per unit for non-climate-controlled and $191 for climate-controlled units.Competitive Inventory, Employment, AbsorptionNew inventory additions slowed in Q1 2024, with only 969 units delivered compared to over 1,000 units per quarter throughout 2023.

6.5% is def. super good number as it's below conventional.