To whom this may concern, I am an investor looking to buy my second property.

My father took out a $320K home equity line of credit (HELOC) to invest with my brother and I.

They were adamant about understanding my goals and situation to ensure I was matched with a property that made sense for me personally.

You are missing my point on taxes.Scenario 1:  Your partner buys the house at the same time you put your cash in.  

I find that it's almost a one stop shop in that I can use it for my business checking and savings accounts, bookkeeping, for rent collection, I can issue virtual credit card, I can create all the financial reports I need to run my real estate business and prepare for tax filing and through their partners I can vet my tenants, develop state-specific leases and more.

I have my current mortgage as a 25 year (5 year ARM) at 7.5%.

I am looking for my second rental, BP has gotten me in touch with some really great folks in the Rent to Build space and I am researching that in the Ocala/Inverness and Jacksonville areas. 

Hi Grace, I have invested in properties most of my life.

Hello,Using Bigger pockets to assist in my job search!

At that point in time the market was still hot for properties at my price point in my buy box.