Appraisals are def. an issue :) Yes - for invetment properties you can find 70% LTV programs out there - but that means you need to put 30% down - so no - there are no conventional lenders that will allow you to "not" put money down.You can buy with hard or private money and then do a refi 6 - 12 months later - that is a way to go with little to no money down.As for 50 homes in 5 years - right now you are limited to 10 mortgages so after 10 you need to be buying with cash - doing sub2 deals, buying on seller financing etc....or doing partnerships with those who can get additional mortgages.

As an Investor how do you like to be approach with a deal for a possible partnership?

Have you gotten clear with your investor friend regarding how the partnership will work?

I found contractors for REO's, aid in investing out of state, help with my college admission to UF, and even a partnership to apply my internet marketing skills to market an e-book.

Multi member LLCs and S-corps with multiple shareholders will have to do a partnership return to split out the profit and losses.

I also have an LLC partnership where I earn my part through sweat equity.

It would be a partnership.3.

My friend and new business partner in transactional funding, Rich Weese recently made a post about a success story here on BP where another member was able to complete a deal due to the networking here on BP and due to our services we provide.I would like to expand, yet divert in another explanation and would also like to explain the power of BP Nation and the relationships, business partnerships, and friends it can induce.

That said, eventually you will want to hold properties and at that point, #1 becomes an important consideration.As for #2, LLCs are *generally* taxed as a sole-proprietorship (if there is a single owner) or as a partnership (if there are multiple owners).

I think, tell Joshua his name, for a warning or so.This leads me to the issue of the other question, how can I delete a partnership on BP?