Think there is a local networking event this Friday - 60 Bull St Cafe, starts at 7:30A.

Definitely looking forward to contributing as much as I can, as my wife and I learn the ropes of real estate.Looking forward to meeting any fellow investors in the Ashburn, Leesburg and Landsdown areas of VA !

Although we are on pace to retire as millionaires through 401k and 457 retirement contributions, on top of the fact I will get a pension as long as I work for 20+ years, I have this strong feeling that I don’t want to follow the traditional route.

. % ownership of the property would be divided up by % of the down payment they contributed.

. % ownership of the property would be divided up by % of the down payment they contributed.

I also maxed out my 401k employer match, made Roth IRA contributions because those are super flexible down the road (now mine is an SD Roth invested in real estate - honestly wish I had invested more here when I still met the income qualifications), and kept anything else leftover (sometimes not much) for savings. 

Meaning that when the list/contract price is lower relative to median sale prices, the buyers often don’t have a ton of savings for closing costs and frequently  ask the seller to contribute. 

It's not the huge contributions at the end of a working career that make your IRA look good. 

I think high level you want him to contribute his skillset and labor, while you remain in control of the high level decisions and have final sign-off. 

I am still in the process of paying off student loans and a line of credit at the moment and cannot contribute to the down payment.