Oh lord, I was hoping you would not say that.

Hope this helps! 

Do you lose the benefit of the first 97 payment?

Next goal is to get into STR to maximize benefit on W2 Taxes and then hopefully try a flip.

Hope you all have a good weekend.

I am glad to be a part of your huge community and I hope to bring as much value as possible while I grow.Thank you in advance for all of your answers and I wish you even more profitable deals!

Hope this helps.

Hope that helps!

I understand that there won't be any cashflow but the loan paydown and appreciation over time hopefully offsets not having cashflow.Legal and Financial Advice:Do you have any recommendations for legal or financial considerations we should take into account when formalizing this co-ownership agreement?

I'm constantly reading on BiggerPockets investors saying you need to buy rental property, break even, and hope for appreciation and/or lower rates in the future to cashflow.