The heading on your agreement, the names used to describe yourself does not establish the relationship between the parties in a transaction, the function of the players and the means implemented to facilitate any deal establish your position.

The FV (future value) function will calculate the balance at some point in the future.

As a newbie I would like to know the answer to that question as well as I am considering a partnership too.

There are many different ways to get creative in doing real estate deals, seller carry backs, partnerships, private lenders, using other collateral, using money from retirement accounts, exchanges, trades, etc.

Getting a bank to go there isn't easy for those new in the business as Chris mentioned.Creative financing is the use of assets and in some cases your abilities and experience in facilitating an acceptable financing arrangement in a transaction.Several ways to lower your entry expenses, seller financing, assumptions, obtaining rights to profit from a contractual interest, cross-collateralization, trading properties, sweat equity from construction or management contracts, acquiring liens, partnerships.....commercial opens other avenues and the list goes on.Great point John!

Hey everyone-I have a partnership questions, I just purchased a home to flip.

It would not be prudent for you to service this type of loan, even if you are exempt, the base line as to requiring servicing functions and meeting demands will be as set as customary und Dodd-Frank, an individual really can't go there in view of the cost (which can be paid by the buyer, or split or by you) of a mortgage servicer, it would be nuts to attempt it.

It states: "From here you can search and access filed information for corporations, limited liability companies, limited partnerships, general partnerships, trademarks, fictitious name registrations and liens."

But, and this is a big one, you only want to get into that kind of arrangement with someonw who has a solid track record in the actual contracting work, in partnership management, in marketing.

As you gather that, explore partners, ways to structure the partnership, and how the VA loan impacts a partnership.Just my two cents...