I thought of partnering with family, but then thought of how much it would eat into my profit.

Actually, I always wondered why more investors did not partner with their local housing authorities.

Make sure you and your business partner come up with an operating agreement that clearly defines the roles of each person, how capital contributions will be split, how proceeds will be split, how to end the company, etc.

Steven I read somewhere you can partner with your own sd401k on a property.

I did a project in 2012 with other two partners (one active on passive no salary for both).

I'm partnered with a top producer, seven figure, maverick mentor.

I have a potential partner that is also looking to buy his first home.

Instead of attempting to keep a borrower on the constant edge of failure and earning less, it's actually more profitable in the long run to advance your borrower more like a partner than a servant.Many borrowers also assume they can't get conventional financing, while I know some HMLs point them in the right direction, I'm sure there are just as many who would allow that borrower to continue thinking that the HML is his only hope.With that, if HMLs were to address a better standard of ethical and moral conduct thier public standing would certainly improve, being known as a specialty lender than a "hard money" loan shark.

If you have access to a private lender or money partner this can happen.

I am currently not interested in negative cash-flow hoping for equity gain.(3) Learn about the best ways to invest with a partner (i.e., LLCs, Partnership agreement, whatever).