Allow Cash Partners to Buy Into your properties.ARV:        $50,000 (or lessCash in :  $37,500 (from Previous Refi's)Splits:      $40,000 (5 each at $10k each)75%:       $37,500 (refi...if you could get it, but you can't, so...)NCF:       $     500/month (with NO Debt)Cash:    - $37,500 (cash you put in)NCF:       $     300/m (with Refi...again, if you could get it, but you can't, so...)Cash: + $even  (Refi returns all cash in)NCF:     $    100/m (with 4 new Cash Partners...and NO Loan, and...)Cash: + $  2,500  (Overage paid to you from the Cash Partner BuyIns)....that's over 1 full year of Cash Flow recovered (paid ahead) from sharing with Cash Partners, that can be used for immediate future properties.Actually, I have found this method works better than the BRRRR method.  

But if it's possible, I'm going to do it.I make decent money but also have hefty bills (school loans, other debt from back in the day when I was a dumb young adult, childcare, child support) so I'm really keen on networking with people that can provide direction on igniting the fire with very little spark, so to speak.I look forward to interacting with and learning from all of you!

How are your current consumer debt levels?

I believe as long as you have the income to cover the mortgage and your debt to income ratios work, you would not have to have a specific amount of reserves.

DATA STANDARDS The CFPB requires data and documentation standards for all entities that service more than 5,000 loans through the Mortgage Servicing Rules under the Real Estate Settlement Procedures Act (Regulation X)7 6 Ibid. 8 PROPOSED REGULATORY PRUDENTIAL STANDARDS FOR NON-BANK MORTGAGE SERVICERS and Mortgage Servicing Rules under the Truth in Lending Act (Regulation Z),8 collectively referred to as the “Mortgage Servicing Rules.”

No debt except for 50k we used to purchase duplex.

It would definitely help to keep the credit cards balances as low as possible and many lenders don't want to see your debt to income ratios more than 30% and no large cash deposits or withdrawals, the bank will pick apart your statements like crazy!

She holds great credit but a horrible loan to debt ratio.

These numbers coupled with debt service could make this deal look less than ideal.Try running this through the 'Deal Analysis' tool here on BP and see how it looks.

Will the first property show as debt and hurt me from getting a second mortgage ?