For example, say we bought a property for $200k, $150k of it mine and $50k of it his. 

Parents are selling their 50% share of a duplex. they have an offer from the inheritor of the other 50% (they bought the duplex with their friend 30 years ago and when he passes it's going to his nephew. his nephew has offered to buy my parents out).

But I lOVE brandIng and desIgn, and i know that it will help me build credit for loans and such, much faster than a minimum wage job I would get without that education.

If the auctIon requires funds in cash, you’d have to have the funds there with you, which seems expensive if you dont end up acquiring the property...Does this prevent hard money lenders for lending on properties to be bought at auction?

So I ran the numbers on the place we are renting through the Rehab 70% rule and BRRRR calculators (using my free trials) and every which way I sliced it, I would have to propose that the Owners sell it to us barely more than what I believe they bought it for in the mid-2000s.

On closer look, the 2nd color we bought was slightly different from first which might be due to paint from the different company in Homedepot.

I didn't understand or know the term cashflow 2 years ago when I bought the condo.Anyway it's about 2 years after I purchased it and a few months ago I put the final installment on the 20% down payment.

Funded my LLC and bought the properties.Am thing thinking on drawing down on my available HELOC the same amount as my down payment.What would be the tax treatment on interest paid on HELOC? 

If bought and sold as for a restaurant location, I think this could be sold for $200K fast, without doing anything with it.

I am brand new to the field with no previous experience.