Our job is to network with buyers world - wide: travel, connections, etc. buyers come from listings, especially when marketed (including prospected) aggressively & purposefully.

(I prefer not to do this - as I do not want him damaging my property on purpose) I forgot to ask that of my attorney but I thought Id ask anyone else their opinions.

Sell and reinvest in purpose built multi unit rentals.

For initial analysis purposes I use 5 - 10% of NOI.  

For the time being, he’ll just have his name on the loan and we can write up a partnership agreement.Please correct me if I’m wrong about the following: For tax purposes, I’m assuming that I’ll be able to write off 1/5th of the mortgage interest and r/e taxes on my schedule A.

You would have to dig at them to be destructive on purpose to remove them.   

If I get what you are saying, it seems like you would be asking for 2 different loans for the same purpose.

Lucas, the loan can be obtained for any purpose and must be paid back using amortized payments over a period of 5 years.

My CPA is very expensive for Bookkeeping purposes.

My guess would be the people that promoted the "wholesaling" game didn't mention these facts!