I wouldn't let the idea of purchasing a home that has oil heat deter you. 

Let’s say your 25% of that so you personally have to come up with$1mm to $5mm.  

Consider it a real estate GPS.Now, let's tackle the big question when it comes to scaling a real estate business: joint ventures (JVs) or syndication?

Let’s break it down:Loan: $300,000Base Rate: 8% (P&I: $2,201)Buydown: 1 point ($3,000) lowers rate to 7.75% (P&I: $2,145)Monthly Savings: $56Break-even: ~54 monthsHolding long-term?

If you ever have questions or are looking to bounce ideas off another local investor let me know. 

Hi i have been trying them and a little rocky in the beginning but Ai seems to be working, ill let you know how it works as the numbers financially get populated 

Let me know how things are going!

Currently, my partner owns 100% of the shares based on him putting 100% of the cash (let's say $1,000,000) into the property.

@Jason Dillard @Tyler Garza Let's hope it's not "Rocky Road" ;-)

Would it be wise to use a HELOC on our current residence to use for a down payment on a new propertyHi David, as someone who works with a lot of OOS investors, I would let you know that most of the clients I work with have never physically visited when buying their first investment property - the most important thing is working with a great investor agent and doing proper due diligence.