Call a RE attorney and get a quote for a contract or JV agreement like you are contemplating to see if doing it this way is worth combining equity and interest.

It could take some time as she is still contemplating options.Kyle, some HML charge these rates.

@Jerry W.Is it bad that I'm already contemplating my next purchase?

@Matt Morgan , I agree with the other comments that what you're contemplating is nearly impossible.

I am contemplating the viability of building a garage apartment for rent.

Have you contemplated talking about either a Family Limited Partnership in which he gifts to you over time more interest in them but keeps 100% of voting rights?

If you're not familiar with Bogleheads, they're people who primarily advocate a conservative form of passive investing.Plans, such as the one you're contemplating, always seems so great when the market (whether it's stocks or real estate) is working in your favor.

Plus I am out of the service in a year and want to get things moving before I have to go job searching again.I have been contemplating using my retirement fund (roughly $25,000) to break into the market, but it seems like every potential project I see is already under contract the moment it is posted.

However, I am also contemplating going to a mortgage broker with a couple of deals currently in our pipeline - I know this will cost us more and am taking that into consideration in striking the deal.

Both my business partner and I have our agent’s license and I generally encourage people to get it if they are contemplating it.