This structure first compensates either partner for skin in the game (kind of like you would otherwise need to pay for private money), then splits rest.On the legal structure, sounds like you'll want to set up an LLC, along with an operating agreement that specifies the different duties you each have, all the stuff you agreed on deal structure above.

Your best bet is probably small time landlords as they’ll likely be more flexible.

I would definitely say I like to take calculated risks and that would be my best bet to take a calculated risk.

That, in addition to NJ sports betting and you may be on to something in south NJ.

I have a few leads now but next step is finding a private lender.

A month or two of vacancy always costs less than a bad tenant.It looks like your rental is local here, so feel free to hit me up on private messaging.

Best bet is to reach out the Morris Invest and get a different PM.

Luckily for me it was enough to save the deal, but he was still $45,000 under market value, which I proved with conservative comps.Your best bet, if you know how to stoke up a bidding war (and there is a very specific formula for it) is to try for multiple offers and look for one with a big enough down payment to prevent the deal from blowing up due to appraisal.

@Caleb Heimsoth $1000 referral fee may be needed for a professional but I bet most people you meet in the street or the garage or at the open house  or the guy at a construction site will be thrilled with $500.

You could do well as a private lender with those funds.