Couldn’t I have used private money long term bought it and fixed it and sold it for 20% down and create a mortgage a few points higher than the private money loan.

I am an out of state investor to IN, however in my local market I know a bunch of successful and professional wholesalers who don't pop up in google search.I will be cautious though.

(Your breakeven point) 3) is he a qualified as a professional property manager?

A local private lender that is asset driven is likely your best shot.

It seems like you assembled a good team of professionals and more importantly understand the importance of surrounding yourself with these individuals.

@Mitrah Rasti the deed and loan are separate issues.Your partner should be able Quit Claim her ownership to you without triggering the lender's due on sale clause - as one of the lendees (you) will still be on the deed.You should check with your local municipality to make sure how this may impact your property taxes.You should also check with a tax professional to see if there will be any income tax impacts of the Quit Claim.Lastly, NONE of this will remove your partner's name from the loan.

.' - Like any investment, risk can be mitigated through thorough due diligence and working with experienced professionals.4️⃣ 'I don't have time.' - Investing in multifamily properties can be passive with property management services or investing in syndications.Don't let excuses hinder your potential for financial growth and passive income streams. 📈 #RealEstateInvesting #MultifamilyInvesting #FinancialFreedom"

Consult with real estate professionals to help assess the properties.

Stay informed, consult with professionals, and carefully consider your strategy to make the most of your real estate investments.

If you found yourself in a legal battle over pick your scenario, you could save money by being your own council or you could hire a professional to get you the best chance of things ending in your favor.