It would be easier, if investment property, to use an LLC.0 Interest secured or unsecured has imputed tax rates, a pain to keep up with.Raj, that would be unsecured, partner drops dead, the heirs take over, don't agree, you got nothing unless you can collect.A credit partner is something (idea) sold by a guru about 20 years ago, they simply sold the credit with a lender who could or would rely on the guarantee, otherwise some mortgage fraud scams, so it's not something that can be done in conventional financing.

Ryan Dossey its a pain that people don't bother to call or text when they don't show for whatever reason. 

Actually, I'm in the midst of a project right now that would be just perfect for a first time project manager since it's just pain carpet and a little termite work.

Firstly the type of investment I am talking about is a 4 family unit with recent updates including: flooring, fresh pain, updated electric panels, tuck-pointing, insulated windows, and general maintance items.

It's a huge pain in the butt if you want the truth and I know it.

I am not advising this because it would be a pain in the *** moving that frequently, i was just making a point on how that works.  

My RE experience is somewhat limited (bought, managed, and then sold 1 rental property), but I definitely learned a few lessons (some painful, some expensive).My goals on Bigger Pockets are to meet some likeminded folks who I can both help and learn from.Brian (in Mauldin)

My initial strategy for this was to find an income producing investment property for under $215K and then use the remaining (after having to painfully pay the cap gains) to payoff my Bronx property and/OR save for a down payment on an actual house for my growing family.  

.” ~ Thomas Paine

I know there are some very sharp and experienced folks on this forum.Thanks,