There may be other ways to structure it, but yes, FHA would require him to qualify on income but if he has not been earning income as a wholesaler for 2+ years and has two years of tax returns to show for it, it is unlikely he would qualify.

The difference is going to be how do you structure the deal without giving up most of the profits and keeping this guy happy ?

@Jason Malabute Yes, it is easy and straightforward, UNLESS you have a complicated structure in your LLC.

I do have liability umbrella insurance, but I want to set up a better business structure for long term growth the correct way.

In our market that's solid base hit given the higher rates and lack of supply. 98% of the houses I see negative cash-flow without creative opportunities (MTR, STR, rent-by-room) or BRRRR. 

Quick question:Did you disclose the “Massive foundation issue” to the end buyer before requiring the end buyer to supply a non-refundable EMD?

Additionally, this structure eliminates the need for active management, as the real estate assets within the DST are managed by the sponsoring entity.As an investor your level of activity would include collecting monthly distributions, receiving  quarterly reports on investment, file taxes annually and 1031 exchange your investment every 7-10 years (sometimes shorter depending on the market).

Many of us specialize in recovering the money you left on the table during the past 3 years. it is called amending your past tax returns.Still, the most dramatic difference we can make is in helping you structure your business and your real estate deals in the way that will minimize your future taxes.

The months’ supply of inventory has risen to 4.5, up by 55.2%.

I know there are many great tax breaks too from my listening to the BP podcast so I presume that owning property in a company is the best way forward in the USA, much like it is in Europe, is this true and if so, what company structure is best please?