You can also market to other wholesalers that you can do a joint venture with where they bring the buyer and split the assignment fee.Good luck!

If I am not mistaken, if your name is on a loan as a borrower,whether individually or jointly that counts as a loan against each party.You might consider one borrower per property and then transfer into the entity of choice.

She has been late on rent about 50% of the time, she was working 2 jobs and then had a knee blow out and now is going on disability.

It sounds more like you are doing a joint venture as opposed to a lending transaction, based on how you intend to split the profits.

Hi Seth,I have not seen a contract like you describe, but most rental contracts contain a "joint and several liability" section that would make all tenants liable for rent, damages, etc. in case one or more moved or could not pay.

(Yes, that was me down on my hands and knees in the produce section of Safeway, feeling the flooring)Whatever they are using, I want some of it, but haven't had any luck with finding out what it is or how to get it.

Because we had a joint checking account, I was able to deposit these.

It just means that your Dad is then on the hook too, and would become a Joint Venture Partner.I don't foresee any IRS problems, unless you were thinking of PRETENDING to the bank that you had mysteriously come across your needed deposit for your next project as a cash windfall, without telling them that you had an OBLIGATION to pay it back!

Yet if I can learn anything from the likes of Tesla, and AirBNB, it will be to aim for the knees, and when they come at you with red tape, tell all your friends to bring scissors.  

This is definitely the place to do it, I'm always looking to embark on joint deals and help in anyway possible.