My partner and I are in the early stages of our real estate journey, and as such, have to get creative with how we finance our first few deals.

Today's market is tough in most places; keep looking and don't compromise this is all about making money and I don't bet on appreciation at this stage of the market.

Your time includes moving, painting, spackling, demolition, hiring contractors, finding a listing agent, staging, etc. 

@Joe BlowI would Eliminate that gray area that typically comes with those type of arrangements.

The 2nd deal was sold in October of 2019 and his net profit per our arrangement was $15K.

(older homes, etc,I'm happy to talk to you about it if you are nearing the time where you are able to buy-  ie- financing arranged or good down payment available. 

First property I bought was an undervalued house hack double.

Purchased for 70k with an 80 conventional loan.

ARV 160k

I then took an 80k HELOC.

Next I bought a single fam to move into using another conventional m...

Is this a fairly typical arrangement for partnerships?

Would this be beneficial for the family regarding estate taxes (FIL is in very good health and not foreseen to have many health issues in the next decide)We welcome your thoughts and ideas on how we can make the most of this situation and arrangement.

Hi everyone,I got this deal that I don’t know how to arrange it.