Since you and your brother are entitled to 1/3 of the profits on said property, this is a complete gift and your father needs to file a gift tax return, Form 709.

One idea would be for me to contribute 20% of the funds plus everything mentioned prior while he provides 80% but we split the profits 50/50 what are your thoughts and/or experiences?  

Without going to a major syndicate, How would I find someone who is already a sponsor, or wants to be a sponsor to partner with on larger deals?

Find a good real estate investor offer calculator and run your numbers to ensure you have good profit margins.

You will quickly discover how to earn passive profits from just one buy and hold property.Check out the menu at the top of this page; look at the options under "Education".Wishing you the very best!

I'm brand new to real estate and have found a four plex in my area that I believe could be profitable but I don't know if you finance multi units the same way as single family homes?

This way I control ownership of the profitable property until it's 100% hers.

The remaining purchase is in the 750K range so by the numbers I can use the sale of the two SFRs ($145k+215k) to move into the larger MF.

We've talked about roles in the project and writing a contract between us but neither one of us is sure the fairest way to split the profits.

But you will have other expenses too: insurance, property taxes, maybe some of the utilities or HOA fees (I am assuming you are paying cash - if not, then a mortgage payment may eat up a lot of your profit).