That would be a family and friends type of loan that you're looking for .

Hi Vince,It depends a lot on the type of program (Conventional, FHA, VA, Non-qualified mortgages) as well as the property and borrower.

Purchase price: $105,000 Cash invested: $1,000 Purchase Price: $105,000Mortgage/Taxes/Insurace: $800Management Fee: $100Rent: at least $1,300Cash Flow: $400🤑🤑🤑 What made you interested in investing in this type of deal?

BTW, you just said "next" to a nice young engineer who just got a new higher paying job and is an A+ type applicant. 

She has the contract stating I will purchase under my LLC, however now she is saying underwriting considers it a commercial loan and they don't do those types of commercial. 

Or is it a new property.2- what type of “renovation” speculation leads you to go from ARV $275k to $500k+?

And we'll still do a 50/50 split on the work we put in.Given all this, how do you think we should handle the loans, profit distribution %, and our partnership structure (tenancy in common or joint tenancy or LLC)?

I 100% understand that state, county within state, building type, age, depth of coverage, etc., etc., etc. is going to make every property unique, but it would be great to come up with a rough rule of thumb that will allow a conservative estimate.

Was this place built as a warehouse-type structure that has been compartmentalized or does it look like a strip-mall?  

I am personally strongly against any type of mentorship program or course.