Many of them would be more than happy to provide repair funds and then split the profit with you.

We should grab lunch or coffee soon! 

Split the rest up and buy investments. $100,000 on a primary, and $100,000 on four different rentals.

If the properties are split into more than one LLC, then each LLC will need its own accounts.Checking: collect all income here, then use it to pay bills.

😎 Hi Nate, Sure, we have an investment vehicle named Club Invest where we split the profit 50-50 with the investor.

Since the 2nd property won't have a loan and is currently rented, we are going to have $6,200 in rental income and a $2,900 debt payment on my loan, putting cashflow into the partnership until our Emergency fund is met and then splitting the cashflow 50/50 while I handle the property management.  

Please feel free to share any helpful tips, and if anyone is looking to connect, I’d love to meet you and get lunch/coffee/tea.

You've earned $132,000 more by splitting your money and leveraging it.

I have a massive pros and cons list but it basically split down the middle with how high the cost of living is in NJ compared to PA.

Depending on if we own the property 70/30 split or if we are managing the property 60/40 split.