That stigmatic mindset and ignorant attitude is a huge part of the problem we have here in this country.I lost my younger brother to a heroin fueled suicide.

Hell Yeah congrats brother !

This house currently has no renter though they are actively looking to put one in the home.House 5. rents for $725/m the loan will cost me $13,000 as a down payment and $6,000 closing costs, and should cash flow approx $275/m after mortgage payment are made.House 6. rents for $725/m the loan will cost me $14,000 as a down payment and $6,000 closing costs, and should cash flow approx $250/m after mortgage payment are made.To be able to make this down payment I have the option to:HELOC my current home which cost me about $850/m in repayments OR I can find a hard money lender who would be interested in working with me, I am currently putting together a hard money lender proposal to show a couple family members that would basically look like this: No repayment in the first 12 months, all income going into an account to allow for repairs and emergencies, after that taking the cash flow and splitting it 75/25 to the lender paying it off in approximately 13 years, sooner if we can make extra payments on it and giving the lender an 8% return on his money(about .5% less than what I was quoted for my HELOC).ORI can potentially do a deal with my brother who is also looking to get into real estate and we split the properties 3 a piece.These properties are right outside of a military base in a low income city but have done well for the family currently owning them with consistent long term renters in them.I am looking for any advice as to whether or not this is a deal worth pursuing.

Partnered with brother and friend splitting evenly 3 ways.

You are borrowing money, whether it be from a bank, your brother or the seller.

Went in 50/50 with my brother who has a W2.

.: Pace has an agenda to make it sound easy.Nothing down does not happen very often and I’ve been doing sub2 for years brother.

hello, my name is benjamin and I am 22 years old.Ive always wanted to get started in real state, and I’ve been saving for an investment property and get started.The problem for me comes now when my family wants to buy a home, and be owned by all of us (sister,brother,parents and me).

@Melanie P. is spot on, brother.

I dealt with this for months until my inability to find a large construction company to build a double sided fire escape on this property forced me to sell it.