It isn't a new idea though, I put myself through college doing the same thing with used cars, and Julius Caesar probably had a buddy who did it with used chariots, it's called "curbing" when it's cars.IIRC his book is about $50 but I've seen them on ebay for less than $5.

A few months back my buddy and I started reading into different types financial opportunities.

Hello everybody I need some advice on how to start a partnership me and my buddy are trying to start a real estate investing business but we do not know how to structure it properly.

I ended up forming a property investment company and am currently talking with some buddies who may be partners in several deals

My buddy wasn't too pumped on the whole deal, especially considering that other folks in the industry are recognizing the property.

@Cherisse Buddy: Need more info. 

Just assume the existing loan.Sent this deal to a buddy of mine - if he doesn't want it I can connect you if you're looking to get your feet wet here.  

Send me an email, and lets keep each other informed on our success, because I know we can do this buddy!!!

Since I had a very experienced construction buddy check out the house and address any concerns I had, the home inspection is now a formality to obtain the home warranty.  

They hooked a buddy of mine up with a C Corp and several LLCs before he had ever done a deal.