During these times one option maybe to hang out with your kids and wife.Work on being more efficient at investing and the benefits of using virtual assistants.  

Keep in mind the shorter the term, higher the interest, lower LTV, higher borrower credit, strong pay history, all add up to higher resale.

unless you have great credit and are an  experienced real estate investor, no lender will allow a owner second as substitute for borrower contributed capital.2.

You will be able to reap more benefits later in life by jumping into the game earlier.

I am thinking there are ways to structure this deal so he benefits from a tax standpoint as well. 

Local community banks and credit unions are probably your best bet.

This can include past taxes, bank statements, credit reports etc.Stay away from anyone who says they can finance anyone from 5k-50 mil for 4% as well as anyone who asks for upfront fees.  

To pay off all our bills, and pay off what we owe on cars, credit cards, student loans, debt collectors, etc we would need around $125,000.  

Is there a cash flow benefit to you for this?  

However, general construction contractors offer a lot of benefits that will ensure the success of your building project.General Contractors Can Solve Most Your Construction ProblemsWhen planning a project, you’ll need to consider which construction company to hire.