Illustrating this trend, Reliance Management bought Gainey Center II in Scottsdale, Arizona, for $175/SF ($26.5 million) from a joint venture between Goldman Sachs and Lincoln Property Company.

A galley kitchen 22' long took a day and a half to install and it was in stock.You need to ask about the backsplash and ends and cutting to miter joints, it's by the inch and can get expensive.

A few other options are doing a JV (joint venture), with another person and using their credit and DTI rating to get into a property. 

You might also consider doing a joint venture (jv) with someone in your local area who can help you through the process.

@Kerry MalarkeyDepends on how TItle is held to the property and similar to bank account.As long as you jointly held Title to the property, then your originial understanding is correct. 

There are pro's and con's for trusts & corporate structures (LLC, LLP, Inc. etc)Trust provide:PrivacyStructuring simple joint venturesTransaction flexibility & creativity: (subject-to, option to purchase, dividing, segregating, transferring, creating, acquiring beneficial interests.Typically lower formation & maintenance costs vs.

@Skye Altieryall wholesaling is legal if you get on title first; buy it,get on title, resell itGet your license, buy and sell and lease in your company nameFind a senior broker 30 years experienceDevelop a listing presentation Net work with all real estate investorsLearn how to create great accurate comps; interview some bank appraisersLearn market rents from senior property managerLearn how to negotiate and solve objections Learn sub2, wraps, land trusts, land contracts, seller financing with private notes mortgagesLearn how IRA loans work, what is a custodian and what is a prohibited transaction and what is a disqualified personLearn how to joint venture with a home sellerLearn how to joint venture with a credit  downpayment partnerHire out your marketing for motivated sellersAll that I write about here on BP for freeGood luck!

Would it make more sense to treat this as a loan from him or a joint venture? 

@Natalie KolodijOk, so my Property B from above: $44k capital gains$18k depreciation recaptureNo other income or gains whatsoeverMarried filing jointly So AGI = $44k (ignore exemptions) ?

You could joint venture with a note investor.