Each bank has different cut offs besides the regulatory requirements for any large cash transaction report so don't even be concerned as it will match up from one depository to another.I'd keep him as a lender instead of getting involved in profit sharing and interest earnings, but what ever you need to do to make him happy.If you do share profits that opens the door to being responsible for the operations and profits and more partnesrhips fail as one partner sees themselves doing most of the work and having to pay for very little contribution by the other.

It was great advice and probably contributed to me selling the home.

It will be cool as long as none of you partiers contributes to the delinquency of a minor.

True they don't match contributions, but it isn't designed to be a fully-funded retirement plan.

I'm going to hazard an answer to my question, correct me if I'm wrong.A) If the investment is by loan then they are like any other employee/contractor like I stated above for a renter.B) If the person is a partner, then it depends on the partnership was made up how the "contribution" is compensated for, but no W2 or 1099 is needed.If a corporation then the work could be treated either way.

If you don't want to live in it and can get a 10% down investor loan, find out how many points to pay the loan down to match OO rates, then you could just lower the offer by that or ask the seller to contribute the price of the buy-down.

Underwriters will gladly approve loans that leave you zero each month to: contribute to church/charity, enjoy a stress-free life, take a vacation, etc., you get the point.Make sure you have your backup plan in place to bail you out if the hoped-for higher income doesn't materialize, and your monthly expenses begin to exceed your income (such as selling a vehicle that has a payment on it, maintaining liquid reserves, etc.).Sorry, not trying to lecture, but living without financial anxiety is priceless.

I have even had a seller contribute funds, real cash to a transaction, acquired the property without a dime of my money in the deal, 120+ funding by the seller!

Geez James... save some for the rest of us to contribute :P

My father contributed 14k total cash and did most the rehab work, I'm about $35k personally invested, and we have another $16K unrealized losses.The home rents for $900 and has a mortgage payment of $587, insurance $60, taxes of $100, so $747 a month, or $153 cashflow rented.