When an “advisor” is paid commission to sell a product he is not an advisor, he is a salesman.  

Purchase price: $330,000 Cash invested: $360,000 A cash (silent) partner and I are buying this duplex, flipping it to an ARV of $460,000 then doing a cash out refi or selling it for a profit.

. ;-)  Well I'm an agent so that won't be necessary.

At worst, an accessory to theft.

Your ability to turn around a property with an 11% cap rate is a pretty strong selling point.

You may be declined for not being an owner occupant, but it will still buy a little more time.

I didn't have much money, and not much experience but I used my background in finance to put together a syndication and buy an old office building and drive thru on .59 acres with the purpose of developing housing.My passion was creating housing in a city with under 2% vacancy and skyrocketing housing costs.

I’m thinking that an SBA loan would be our best bet but I am not sure.

Not pay your attorney $300-$600 an hour to review the contract they do not work with that much?

If they buy something for your property and you pay them back, it’s just like you bought it yourself—so you can count it as an expense in your bookkeeping.If they don’t get reimbursed, then technically it’s a gift/donation, and you can’t deduct it as an expense.