@Richard Dale-Mesaros, thinking of a house or multi family.

@Richard Loniewski where in NJ are doing doing modular homes.

What I will do is give you an illustrative story, and maybe you can bring your knowledge up a little.Big Apartments LLC - a manager managed LLC with two members.Member #1 is You (Patrick), the Manager (and also a Member), you have put $500 into the LLC and own 50 Membership Units (a 50% owner).Member #2 is your brother in-law (lets call him Richard Smith) he is not the manager (although he could be a co-manager but is not because that's the way you two want it).Richard has also put $500 into the LLC and own 50 Membership Units (a 50% owner).You two guys are 50/50 owners of Big Apartments LLC, evidenced by your Membership Certificates (which look a little like old fashioned stock certificates but are not stock shares).The company has $1,000 in the kitty and since Richard won at Poker last night he's flush with cash, $1,000.You and Richard agree that he can lend the LLC $1,000 (that's in addition to his already put in $500).Since this is only a loan it does not effect his ownership percentage of the company.

I don't know her personally and have never been to one of her classes, but if I was going to invest in tax liens/deeds in FL I would attend one of her classes.Not sure if she teaches classes, but Denise Evans is your expert on BP for AL. 

@Richard Stover Thank You !!

@Richard Stover I haven't used the Calculators yet.

Originally posted by @Richard Stover:Hi Blake!

Richard - Seems the banks are way more concerned with W2 income than assets.

@Richard Stover We have some older houses in my area with lots of square feet for cheap that I’ve thought about turning into multi families and house hacking.

Thank you Richard.