I'm not following the 30/50/50 thing, so what I'll do is quickly walk through how a partnership like this usually will work (however, there are many ways to . . . skin a cat, grease a pig, etc)- Two partners take down a property. 

Some alternative options you can exercise are to search for properties in neighboring towns which are exhibiting healthy growth (i.e.

And yes, we deserve to make healthy profits in doing so.

However, in a plan to further boost my personal credit score and to put more "skin in the game," I am looking to utilize my own stellar credit to purchase materials and appliances for future projects.

The last thing you need to do is take your CAPEX budget and invest it into something, and then have to dip into personal funds or a HELOC because you robbed Peter to pay Paul.One way you can avoid all of this...and a mistake I made and tell people whenever these posts come up...is to have a healthy budget set-aside already for each property as a "deferred maintenance" catch-all.

I knew I wanted to build wealth but I did not know what I wanted to do in life so I took a job that I grew to hate and it made me not only hate the job but hate life so for my mental health I ended up quitting and then searching for other jobs for a while.

Thick skin goes a long way in this business,  I've learned the hard way.  

As Long as both sides have skin in the game that should work out OK.

You have more options for loans in the 135k loan range, better terms and rates and you won't have that much more skin in the game. 

Since you will likely only be lent a percentage of the purchase, you will need skin in the game.