I didn't have any sort of requirement like this with any of my first purchases inside an LLC and I would venture to guess that if you are working with a small local bank or a semi-local bank you'll have no issue here.

A close friend of mine shares similar interest and ambition (arguably stronger than mine at the moment), and we've been interested in forming a partnership to begin this business venture together.

I'd venture to guess this is the very reason the price is about half of what similar homes sell for . . . 

The quality of life is above anywhere, I'd venture to say.

Had exactly that a year ago, and actually left a few dollars on the table and still got more than asking.You can co venture with a flipper.

Indeed, starting a new venture is almost always the most difficult part of the journey!  

I would venture to say that their list prices should be pretty spot on when it comes to hitting appraisal.

I mean I did check it on the calculator 😂 Now my only concern is getting the funding for this venture.

He also offers coaching where you joint venture on deals.

I have 3: a 16-unit and 18 unit in Little Rock AR bought in a joint venture for just under a million for both, $250k rehab in progress, and a 50-unit in a 506(c) syndication in Pocatello ID about $2.3M with $450k rehab in progress.