What contributed most to a successful first deal?

The % of profit allocation will be determined based on how much contribution he has made toward the project.

As Natalie alluded, you would be able to pay your "contracting company" and these costs likely would contribute to the IRS requirement of "Substantial Improvements."

normally how we see these larger west coast deals is you have HML in at an interest rate with 70% and you bring in Gap funding or JV partner for the 30% and you contribute whatever you guys agree on.gap partner should make equity since they are taking big risk behind a large first mortgage..

Just not contributing as much.

I appreciate all of you for building this community and hope to contribute soon.

I’d like to buy something new in my name using the 1031 exchange, but it would be great if I can then contribute it to our LLC so he can move property he still has in his name as well (so that we are keeping the amounts invested by each of us roughly equal).  

Hello, can I open a self directed 401k, fully fund it with a initial contribution then roll it into a new roth ira to have enough $ to start investing in realestate. 

The seller can contribute up to 6% towards closing costs - but not towards the 3.5% down payment. 

That's a normal reaction to someone that contributed to the success of the company.