That's what mine is for.  

This poses a few problems: 1) we always seem to be competing with one another. 2) There is no standard of care between the buildings, both of mine have been re-roofed and re-sided, other have the 1970's wood siding rotting off. 3) We compete with rents, and it has caused some owners to say that this is their worst property.  

Basically everything that Nicole Pettis said so much better than I did, and posted while I was typing up mine...

You would be like the guy who approaches a mine operation offering to buy a cupful of coal. 

( when will the deed become mine?

I understand that the house would have to be in my name to protect myself, and check to make sure he has a track record of success.Hi Jim,First of all Toledo is a great market ;)I have done quite a few joint ventures over the past 4 years.I never used any of mine my own funds and was just interested in working with money partners.

Etc Etc Etc.Big banks only function for me when I have to put money into my JV partners accounts all over the country. for that we use Wells or BOA.. but only for those reasons.So at the end of the day and in this environment I can get bank financing at under 6% for all my deals.. and in my market here in Oregon many builders that got hurt have had to borrow hard money to build. so there holding cost are double or more than mine which creates flexibility with pricing and or more profit.. 

Hey all,I'm about to buy a new home for my wife and I and am wondering about any benefits/cons to putting her name on the mortgage with mine.

They list the comps they use and they were mostly much higher values than my house and mine has more bedrooms, baths, and is bigger than most. 

A neighbor  of mine owns a Windows Company and he has been Adding onto his house this past week a 2nd Story.