Together, the property nets us roughly $1,400/month after expenses.Equity Split: My partner owns 60%, and I own 40%.I'm exploring ways to take out my equity without disrupting this deal, as I feel this isn't the best financial decision for me right now.

Stick to areas you know well; this familiarity can greatly reduce risk and boost your confidence when making purchasing decisions. 2.

Best of luck with your decision.

I've been comparing these for a while, pretty much my favorite topic.

Hi folks, As the topic states I'm looking to learn everything I can about New York City nd its real-estate market.

I would be happy just throwing my money into index funds if that makes the most sense, I'm just not well educated in the area of passive income enough to feel confident in any decision. 

But that will be your decision and at least you have options.

It's been a few years since I last updated the list of providers (there are older threads on this topic here on BP), but at last blush there were five trust companies offering the ability to write and service mortgages from registered accounts:B2B BankCanada Western TrustOlympia TrustEastern TrustCommunity Trust CompanyOf these, Canada Western and Olympia has the best offerings at the time.  

In most cases, neither is warranted.Warning: I am not an attorney, and this can be a complicated topic.

See this next link where the IRS lien myth gets busted:https://www.biggerpockets.com/forums/311/topics/91948-buying-hoa-liens?