How will the profit be split?  

They can show you how to do the deal and you guys can split the profit.

I'll start out by stating that I wanted to focus on the area (Round Rock, TX) and nearby for investing but given my circumstances I'm not sure it's in the cards right now.

I am looking for some help from BP members in the Austin/Round Rock area to get cash out refinance broker contacts.

Hi BP,I grew up in Round Rock, TX and went to University of Texas at Austin.

(Pawnee/Rock Rd)

They could offer you some sort of a split if you can find buyers for those properties.

I read these posting where people are trying for years to get started and still doing nothing after planning for years.In Detroit $20,000 will buy you 8-10 houses with $1000 a month positive cash flow after you split 50/50 with a local partner. 

Negotiate with the buyer who pays for what...or split the costs 50/50.

., if there's 3 of us, we all put in 1/3 down payment but I own 45% and they split the 55% remaining ownership (give up 5% each for not having to work)What are your thoughts?