Hello!
I hope this message finds you well.
I have a family member looking to sell their older home, which recently appraised at $1 million. After discussing their goals, we realized they would like to maximize th...

Readers should seek professional advice.

Those typically seeking $30-$50k are for down payments or second position liens. 2.

Readers should seek professional advice.

Readers should seek professional advice.

A prudent investor doesn't seek quick riches through shortcuts.

And last but not least, the banks will fight tooth and nail when a borrower is seeking a full accounting.

Back again with few more questions to seek experts input.I am currently looking to shortlist some locations for my first rental investment property.When you look location what factors do you consider to pick the right location with good cash flow?

You and the other posters here have been generous in indulging me in this exercise of considering this "partnership" / BRRRR, but demonstrating that we can invest successfully on our own power before seeking out partners is not only my strong preference but just sound business logic.As a new investor my head starts to spin when I start to think about investing, and the many gaps in my knowledge reveal themselves: how to structure a partnership? 

Readers should seek professional advice.