I knew my money was better used in a real piece of property rather than sitting in a mutual fund.

I think it will be beneficial to first determine what your goals are as an investor.

Let’s connect and see how we could build a beneficial relationship.

Definitely feels like having a partner in crime would be beneficial.

Multi units would be beneficial, but also, what market are you in? 

With that in mind, it is very beneficial that you already have a $40k reserve set aside.After the property is transferred into your name, you’ll need to wait 6 months before you can complete cash-out refi.

@Matthew Terry Wow, this is extremely beneficial!

& ALWAYS have a detailed exit in the Operating Agreement if it falls apart...this has saved me a lot of $$$ in the past & makes for a clean mutually exclusive break negating any form of litigation or dispute.

@Edwin Valdovinos I’m a little nervous for the partnership if you are already talking in terms of who has the leverage instead of mutual benefit, but anyway....I get the desire to go 50/50 but it feels one sided in his favor.

@Brynn RaberI am not sure that Fidelity offers self directed 401k that let you invest in anything else than the stocks and mutual funds available through their platform.If you have your own side business I would look at creating a self directed solo 401k where you would be the trustee.