there is a judgement my name would be on record - for a longtime - even though this was a business dealing and not a personal deal.In my case, I own my properties in my name and self-manage my properties with a Single member LLC.,  and I am thinking of using the LLC name as the "Landlord".

What made you interested in investing in this type of deal?

It would be important to focus heavily on buying the right deals, as this strategy involves substantial leverage. 

I do trust this partner very much and feel very comfortable that the outcome will be good no matter how the deal runs because of our relationship. 

To what extent you tell them how you structured the deal, bought the property or anything personal for that matter is up to you.  

Is he financing the deal at 0%?

Sorry you have to deal with all of this Albert.

Personally, I started out as a bird dog and wholesaler finding deals for other investors in single-family homes.

I’m looking to do a deal in TX Hill Country in New Braunfels, but I am located in NYC. 

I mean, if I'm paying that much money, I'm hoping for deal on a house.