Even though you think your house is in good condition, things still pop up that contribute to that 50%.With only a $6000 loss (are you accounting for all the commissions, closing costs and potential concessions to the buyer?)

$80k is his debt that needs to be paid off before the mortgage is even, so that is his 'contribution' and the rest was the gift?

Whatever I end up doing in Real Estate, I want to be making a contribution and a difference in the lives of those I deal with.

Christopher GieseAny actual contributions you made to your Roth IRA can be withdrawn without penalty or tax.

I joined an REI club last month and I hope to network with some local investors.Thank you Josh for creating this site and to all the members who have contributed so far – I have learned so much from all the information that you shared!

I joined the BP community to hopefully contribute as much as I can about my journey along the way, as well as connect with other like minded investors, mentors and RE junkies!

That conversation let the realization sink in that money isn't the only thing that one can contribute.

Tracey Stegemoller,To make the @ work do the following:Hold down the shift key, type the @ followed by the first 2 letters of the first or last name.Then look below this box, and you will see a list of names, click on the name.This will only work if that person has contributed to the post, or you're a colleague with that person.

Thanks for all you contribute.

Before that purchase, the 3 of us were looking to each contribute 10% of the project cost(purchase plus renovation) to the LLC for our 1/3 interests.For example, the LLC buys the property from me for $100K and we do $50K in renovations for a total project cost of $150K.