This could let you start building relationships with others in your area (and potentially lead to joint ventures later) and to build up your working capital.

Is one superior, or inferior?

Mentorship and joint ventures are excellent ways to gain experience, and it’s essential to start small, communicate clearly, and build trust.

If you take title to the property as an LLC with you as the only member (and that elects to be taxed as a sole proprietor) then the property will still be reported on your joint tax return and that would be fine.When you sell you can sell as that LLC and buy as the same LLC or another disregarded LLC, or as you, or as you and your wife, or as just your wife.

I checked in two days later and he had completely botched the install- amongst other things he staggered every other joint and the place looks like a checker board.

From signing the initial agreement to finalizing the project, they maintained a high level of professionalism and kept me informed with regular updates.The deal was backed by a Joint Venture Agreement and Promissory Note, and they delivered the expected returns on schedule, with no issues along the way.If you’re considering partnering with 51 West Properties, they’ve proven to be reliable and trustworthy.

At the time of the cancellations, I found myself owning over 20 properties in partnership with various investors and joint venture partners.

Joint Venture: Team up with an investor who can contribute capital in exchange for a share of the profits.

We have 100% financing joint venture program for fix and flip loans.

You will also be able to show you have good cash reserves, good credit, a W2 (they don't care about job gaps) and you were part of a successful Joint Venture with an experienced fix-and-flip investor.  3.