I'm thinking of your traditional non-qm/business purpose loan types.  

I am a busy doctor with some cash I have been saving for truly passive investment opportunities as I am limited with time right now.

@George Baal I would recommend taking out the HELOC to start but given the high variable interest rate, I would then consolidate that debt into a better financial vehicle.

If 2 business owners create a contract, are their signatures enough to make it a binding agreement or would getting the contract notarized be a wiser decision?

As you said it will free up some of your time and will help accelerate your business.

He would likely be able to discuss your situation and explore all possible options, ensuring you make an informed decision that aligns with your financial goals and needs.I can provide his contact information if you want.

I only contributed financially and gave some design ideas.

Hi Aaron - check out our lender page here on BiggerPockets - you can see info and a long track record of strong reviews: https://www.biggerpockets.com/business/page/49Also, sharing links to the 10-Part Article Series we published here on BP on everything you need to know about DSCR Loans - we are fully committed to transparency and providing info/guidance to the BP investor community!

., so here are the regs around STRs in Chandler - https://www.chandleraz.gov/business/tax-and-license/short-te...I am assuming that you want to rent the entire triplex so it will require more down. 25-30% like others have pointed out.

i view syndications as a diversification strategy once you're in a strong financial position and have a good network.