If you have other financial assets such as CDs, money markets, investment accounts.  

This has been an unexpected financial hardship for us since this partner is not contributing financially, while the rest of us are trying to cover the partner's portion to complete rehab, etc. 

Financial Success: Listed at $400,000, aiming for 5x on original investment of $50,000, post-mortgage.

If rents go up &/or if rates go down in a couple of years you could be in a different situation.

And good luck on your own situation.

However, here is my two cents :)I have been in this exact situation (along with people fabricating their pay stubs, and even using a dead persons SSN)...

Fortunately, the situation I posted about that started this thread is well behind me now.

I also have a financial advisor.

thanks for that info. it is residential and yes i am much more interested in being a lender. in fact with our previous situation i was the mortgage note holder on his current rental. he refinanced me out of that. i did some other investments but am interested in helping him buy another rental. please explain further the 3 month seasoning of funds in his account. thanks again

Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.