Have fun in your ventures.

I am not sure I have the DTI to qualify, nor do I want to put 20% down on this property, as I would rather use my current available cash for more active business ventures that are currently giving me higher and faster COC returns.

John Thedford,Consider a joint venture with the other person in which the 401k provides the cash and they do everything else.

Fred, The way you have described your participation appears to be one of a Joint Venture where you and the rehabber are sharing in the risk.

http://www.biggerpockets.com/real-estate-investing They just came out with this, it should help you in your ventures.

I need to find out the average costs associated with this type of business..As I said I am just kicking around this idea and wanted to get additional input and feedback from anyone who may or may not have experience in this type of venture.Commercial RE is not my Forte and the thought of trying to find a commercial tenant every 5 or so years is not that appealing to me so I Thought if I can turn the space into my own business that kind for the most part run itself it would be a win win situation.I welcome thoughts and or things I may have overlooked.p.s. this business venture assumes the area is good and there is not another similar business nearby.

Hi,I'm looking to connect and possibly joint venture with any B.C.

Good luck with your venture.

Finished installing railing, then ventured into the blizzard for a trip to Home Depot.

We both have full time jobs and this is a new venture just started on the side.So if I understood it right, in case of a multi-member LLC it would make sense to do a loan to the LLC?