I thought FHA was supposed to be for first time home buyers? 

Managing Financial Products.More than one in five Americans reported engaging in non-bank, alternative borrowing methods (such as payday loans, advances on tax refunds or pawn shops).

But I would hope to build a partnership and eventually have him buy into a equal share position where profits could be split 50/50.Thoughts anyone???

Hey BPJust thought I'd post to see how many private equity / investors are active in Georgia, specifically those interested in high-return corporate housing, hospitality and senior care (skilled care & assisted living).

@Dustin Palls so here are my thoughts as an owner of a house contaminated with Meth.

Hey, guys.I hope everyone down in Louisiana is faring ok during these historic floods.I never in my life thought things could ever get this bad.

So raising money via other people and using other means of leverage like bank loans and credit cards are the other thoughts that come to mind.

I look forward to hearing your thoughts. 

Then you can use the money as a down payment on a property; factor 20% for a SFR and 25% down for a multi family (duplex and more)I had $50k in a SDIRA, but found that the hassles of working with lenders in an account like that just wasn't worth it; I rolled it into my current 401k and took a loan against it.But with the amounts you're talking about, you might just be better off taking the hit now but freeing up the capital to work unencumbered with the limitations found in a SDIRA.Just a thought.

I know a realtor will be able to answer these questions but I have not engaged a realtor yet.