@Kyle Mccaw Okay yes are you referring to FHA loan?

Your solution is to borrow the downpayment, as well.This is referred to as "over-leveraging" and it's not wise.

Links/references- https://www.canva.com/design/DAFHd-6ryQ8/_T6h0Y9jV0zIEADl6bq... - https://therentalgirl.com/tichttps://andysirkin.com/tenancy-in-common-tic/operating-and-m... - https://www.stonesalluslaw.com/tenancy-in-common-in-californ... - https://www.investopedia.com/terms/t/tenancy_in_common.asp - https://www.rocketmortgage.com/learn/tenancy-in-common - https://www.allcalifornia.com/tenancy-in-common - https://andysirkin.com/tenancy-in-common-tic/guidance-for-se... - https://www.dre.ca.gov/files/pdf/tic_guidelines.pdfby the way I received a lawyer referral who is supposedly familiar with tic in California.  

Question for any and all.. we have had trouble finding a real estate investor friendly CPA, one that proactively wants to help us learn and obtain all the tax rewards with real estate. 

I ask this because you refer to 10% vacy/10% R&M, and 10% capex.

This is the BEST $100 you will ever spend, and if you listen to Amanda Han's tax book, you'll know it's also likely a business expense for you to write off :) https://biggerpockets.supercast.com/My perfect way to learn from the BP books is to listen to the audio book through the subscription above, then books that really stand out to me I go old school and get the physical copy so that I can re-read it, take notes in the margins, and put post it notes so key points are easier for me to re-reference in the future.

I caution you now in desiring to call me or reference to me in any way with RADD or contracts, promissory notes etc.  

sorry meant mortgage rates when I refer to interest rates.

Bankers are generally not aware of hard money loan options, and even if they are, they don't generally refer them when they believe they can approve a loan to you from their bank.

Going into an area with little data is high risk but could be high reward.