While the homeowner may be the sole owner of your subject property, they may have other properties they own jointly with relatives.

I am just starting my research on these product.Also,i saw that you can borrow 50k as an individual, or 100k as joint (with a spouse).

You’re probably better off with a joint venture, Chris.

if this is the case on your property you can remove the strips and mud and tape the joints like any other drywall.

I do have one joint venture in its own separate LLC.

Hello everyone,When getting into a home that has fire and water damage, what have been your issues when it came to:Evaluating the damage (for example, smoke burnt out some of the ceiling but don't know if floor joints for the upper floor are damaged without ripping down the drywall)Types of costs and fixes for fire damages (inspections, certificates from structural engineers, electricians etc)Resale Issues (buyer's offers may or may not being lower, disclosures)Look forward to hearing your experiences and what outcomes came out in your investing in these type of rehab and resale jobs.

There would definitely need to be a Joint Venture Agreement formed and preferably approved by each partners' attorney.

Hey folks,Soon we will be taking in some money to purchase properties that will be owned jointly with the investors.  

The most common kinds of nonprobate property are:Property held in joint tenancy by more than one person—for example, a house owned by a couple, or a bank account shared by more than one personAssets for which the person designated a beneficiary—for example, a POD bank account, a retirement account, or life insurance proceedsAssets held in a living trustFor a look at common probate-avoidance techniques, see our articles on “How to Avoid Probate.”When the deceased person leaves very little behind, this process lets someone who paid for the person’s final expenses—the funeral and expenses of the last illness—be reimbursed from the assets of the estate.

Standard brick is  8" (nominal) long or 7-5/8" with 3/8" mortar joint.