There are legal ways to structure joint ventures, GP co-invests and other structures that allow you and your investors to partner with another real estate company to do a deal.

@Alex Craig  BBQ is over done and Passe'  its all about Fried Chicken at your Chicken joint.. hands down best fried Chicken on the planet.. and you only have to fast 4 days with that great meal.

Inverse offers to joint venture with members on note deals, assisting with getting the note financials, negotiating with the banks and clsoing the deal.

We would be very grateful if anyone has a contract for joint ownership they'd be willing to share, or any advice for that matter!  

What advice can anyone provide on how to unravel this web of real estate purchases where they are both shown as Joint Owners with rights of survivorship, but they were never legally married.

I'm not a lawyer but this court case seems to pretty clearly say that a loan from one joint venture partner to the joint venture is NOT a loan, and since it is not a loan it is not subject to usury.

What I meant is that it could be more convenient for you to do the rehab while the property is being financed owner finance and the do the refi after the rehab is complete, that way you could do a cash-out refinance and get some of that money back.Of course the challenge of doing this is to get the money to do the rehab, for that an option could be do use hard money or do a Joint Venture with someone willing to invest the capital for the rehab and get paid back after the cash out refinance.Of course the numbers would need to square up to make sure the cash out refi gives you enough cash to pay back the HM lender your partner.Just an idea that crossed my mind while reading about the situation, you'd have to run the numbers to see if it makes sense for your particular situation.

Now have 2 bad knees, a bad hip, and PTSD so bad I can't sleep with my wife on most nights.

The guys I mentioned can refer you to the DIY sites if you jointly conclude that the full cost seg analysis is not the best option for you.

Obviously he cannot pay the rent by himself which is why he got the roommates.I learned early on that it's better to have one lease signed "jointly and severally".