He and my mentor said I would be a fool to pass this up.

I would say credit partnership meaning that someone allows me to use their qualifying credit to qualify for financing at the same time they are an equity partner on the deal who I split profits with? 

The Taxable Value is uncapped and equated to the SEV upon a sale or other transfer of property ownership, with limited exceptions.Homestead versus Non-Homestead Millage RatesCounties & cities in Michigan are allowed to set their own millage rates, with one restriction – a primary residence (Homestead) is exempt from up to 18 mills of school taxes on their Homestead property.

You can up to 4 borrowers on one loan by the way.

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Any ideas come to mind?

Hi Jill, when it comes to LLCs, you'll typically run into issues using conventional loans as they won't lend on LLCs and want the investment in your personal name.

We completed the updating of two of the units so far, and rented both.

Any success in the real estate market within Monmouth county NJ?

Ensure the numbers align with your goals, factoring in cash flow, exit strategies, and risk mitigation.