I'm trying to  avoid dipping into emergency funds and savings, so some creativity in this business is definitely in order. 

We have been talking about getting other investors to help fund another multifamily, and when our friend offered, we were very excited about the opportunity.Now, I want to be fair to our friend and make it worth his money and time.

The true flippers will always stay in business.The folks watching the shows quickly realize it's not what it looks like on TV and quickly give up.The BIG hedge funds can't really compete in real estate in my opinion.

I’m trying to use the funds as a down payment on my first investment property so any advice is appreciated!

Not a bad way to open lending negotiations (and that deal did get funded with favorable terms).Good luck!

Furthermore if I decide to keep assignments contact my questions Is what is the best way to purchase, cash Is out of the question i Don’t have much funds.

That's great, but make sure you have an attorney that will make sure that happens with no loss of funds.

Currently focusing on getting educated, meeting the right people, starting an LLC and figuring out how to fund the dream.ThanksSean J Phillips

I would set up an LLC,fund the LLC and make all payments from the LLC.

I have to ask, if you have the funding to purchase 6 homes, have you looked into the returns a commercial property could give you?