We didn't want to move up, so the bank offered larger than typical seller assist to meet us at our purchase price.

I bought my first house in August of 2002 and met my wife in 2009 and decided we should sell our houses and buy into a larger home for our future family. 

Larger amounts, I go to one of 3 banks and see what I can do. 

Most sellers will fix those leaky pipes with bubblegum and you will be tasked with verifying the repair. 

There are also some larger and more established developments there. 

We figured we could pitch our money into an LLC and invest together with about 40-60k to make a larger impact.Two questions:1.

Your home may be nicer than other homes priced at $2,400 but maybe they're in better neighborhoods or have a larger yard or the houses are spread out more?

I live in NJ and looking to get started with larger more commercial deals.

So now I would have maxed out my HELOC and will have a larger HELOC payment on top of my other expenses for the property.

Basics of the partnership:- All the properties will be in my name (I have the high credit & W2 income)- I will be investing $25-50k per year of my own funds into the business to buy more property- My father is in an all cash business so the idea is he will be getting his money in via renovations and ongoing maintenance/CapEx - I will be responsible for all the "white collar" tasks and hold ultimate decision making ability as everything is in my name- He will be responsible for "blue collar" tasks; finding properties, coordinating with contractors, etc..Our goal is to build cashflow for a 10 year period before we would every need to start "taking" the cash flow out of the business.