We do not have legal title for any of properties we display in our social media channels.Luis.. 

We financed doing a 203 K loan How did you add value to the deal?

In terms of the second scenario, the upside I see is the option to get a different kind of loan (say, FHA with a lower down payment and other assistance programs for K-12 educators like me) since I'd be getting a new primary residence instead of a second home.

Quote from @V.G Jason: Quote from @Steve K.: I would only buy single family homes in the best locations I could afford rather than messing with multifamily and less great locations, and I would use my local credit union for loans because they keep them in-house and service them in-house, so that I wouldn’t have to deal with loans being passed around among all the sketchy loan servicing companies.  

Quote from @James Kerson: @Steve K.

Quote from @Chris K.: @John TomassacciAre you literally just looking in Dunmore?

Therefore a partnership return will need to be filed and each partner will get a K-1 reporting their share of income.Each investor will then report that income on their return.Taxes will be calculated based on each partner's tax rate.Best of luck.

Quote from @Steve K.

Best regards,Gio K

Payments where 10k per month, principle filed B/k 3 years ago but still in house.