I recommend that you not borrow a DIME for a MBA, especially for an online program.

Credit Score- does the borrower have a history of repayment?

I have about $8,500 in the bank, but I possibly have the ability to borrow money from a family member and split the profits.

These are the people who you will need to borrow money from, and where you will have checking accts and so forth. 

I spoke to a friend in late 2016 who was attempting to borrow 500k to buy in the Detroit burbs today when he laughed at the idea in 2012.

Code Title 12, Chapter 13, Section 1701j-3 limits a lender from accelerating a note when there is a transfer to an inter vivos trust in which the borrower is and remains a beneficiary… I forgot to mention, a land trust is an inter vivos trust.Once the transfer is complete, your property will be titled in the name of your trust.

So, I did what a responsible borrower would do--I started making amortized payments.

Besides borrowing from family what are my other options?

My ira will borrow from friends to do rehabs and also for the longer term financing.

I offer 10% on money I borrow to do flips.