We will apply for the loan jointly as individuals and not with an LLC or formal partnership.OR would it be better if I put all the down payment and limit the partnership to using his income for the loan approval?

For those who responded before this post, I will message you individually with my initial list.

I invest heavily into index funds, it makes up about 80% of my portfolio. 10-15% is individual stocks.

You have to be a very niche player in this market IMHO.

Or did you sub out individual parts of the project?

The company sent me the check, and I drafted a lease to the individual living in the house!

However, I will advise, that waiting until you individually have 20% will typically be better than rushing into a partnership without preparation.

hey everyone I recently purchased a 4 unit building in Indiana and one tenant moved out two days after I closed on the property. this individual has a one year lease and only stayed 4 months before leaving. i am fine with them leaving but am I obligated to give him his security deposit back?

As you look at paid options, I'd recommend a tool that can skip trace LLCs, corporations, trusts, and individuals.

Recently it was brought to my attention that instead of selling an apartment complex as an individual asset, you can sell the LLC which own that asset and avoid or at least significantly reduce what you owe in taxes.