I have 2 builders that would like to do a joint venture.

I'd like to add in a note or two...Before the passing of the TCJA, Justin's statements were pretty widely accepted - generally speaking, S Corps were the way to go for active businesses like flipping and wholesaling to help mitigate SE tax.Now, with the new tax law in effect, the Section 199A 20% QBI deduction throws a wrench into the plans.There are already a few great threads about the Section 199A deduction on the forums, so I won't beat a dead horse on that but I will say that it certainly should make everyone rethink their entity structure.If you fall below the income threshold for the QBI deduction ($157,500 for single filers; $315k for married filing jointly), it might be more beneficial to forego the S Corp.

I'm trying to find someone to possibly do some joint venture deals to speed up the learning curve. 

They said that the material I wanted to use was tested on a concrete slab and not the wood joint system that the building is built on.At this point, the floors were already basically done since I had a new tenant coming in within a few days.  

New York has different types of joint ownership and in some cases, you need to hire an attorney to settle disputes with partners when disagreements arise i.e.

We file our taxes jointly.

The current tenant does not vacate til the end of the month, and barring an earlier sale I would go through and spruce up the joint to have it on the MLS by mid-April hopefully.Have a great morning and thanks for your insight!!

The maximum number of financed properties that are permitted is based on the underwriting method, as described later in this topic.The financed property limit applies to the number of one- to four-unit residential properties where the borrower is personally obligated on the mortgage(s);applies to the total number of properties financed, not to the number of mortgages on the property or the number of mortgages sold to Fannie Mae;includes the borrower’s principal residence if it is financed; andis cumulative for all borrowers (though jointly financed properties are only counted once).The following property types are not subject to these limitations, even if the borrower is personally obligated on a mortgage on the property: commercial real estate,multifamily property consisting of more than four units,ownership in a timeshare,ownership of a vacant lot (residential or commercial), orownership of a manufactured home on a leasehold estate not titled as real property (chattel lien on the home).Examples — Counting Financed Properties The borrower is personally obligated on mortgages securing two investment properties and the co-borrower is personally obligated on mortgages securing three other investment properties, and they are jointly obligated on their principal residence mortgage.

Some provide joint ventures, some provide bridge financing and some do rehab loans.Stephanie

You bring the knowledge of what you've done so far and they bring the capital.A joint-venture.