Joints can loosen over time and create an arcing problem.Running wire isn't all that difficult if 1. you have an open attic that the wire runs through or 2. you plan on removing lath and plaster anyway to go with sheet rock.

Likewise, the "Refinance" part of the equation doesn't assume you'll refinance 3 months or 6 months after you've finished fixing up the joint.

I would be happy to talk about sub2, joint venture partnering, lease options, buying on wraps AITDs, getting private money and negotiating terms deals with sellers.Thx for offering!

This is advice for the readers: DO NOT buy real estate jointly with your IRA.

Another way to learn how to use other peoples money is to joint venture with someone.

One is Business & Professions Code section 7159.2's requirement that lenders pay only by joint check. 

I take things like this personally, and I wouldn't bend the knee even if it was easier and cheaper to simply pay out. 

sales commish  loan fees on new loans etc etc.. seems knee jerk to me.. but hey I am not finding those issues with Vegas LOW property taxs some of hte lowest in the country and unlike FLA and TX very low insurance because limited to know real issues with bad @$$ storms like those other states. 

Partnerships or joint ventures are also effective for splitting equity and risk, while lease options can allow investors to control a property before finalizing the purchase.

You could either form a Joint Venture (JV) agreement between you two individually or between your two LLCs.