His IRA and your LLC can joint venture, or his IRA can take an equity stake in your LLC.  

(great, as a business owner, you should have the funds to start a successful real estate business, if not, start to create credit lines and line up friendly joint ventures) Any advice or help i know about REIA i plan to start going more i have only been once.

In the FHA guidelines it says "Joint or total ownership of a property that is held in the name of a limited liability company (LLC) or partnership where the borrower(s) have an individual or combined ownership in the LLC or partnership of less than 25% and the financing is in the name of the LLC or partnership." would not count against your bag limit of 10 properties.My question is how do I do that?

Now before I go into the actual numbers, I want to provide a disclaimer to anyone who pulled this post up from a specific search regarding pool replastering, that we quoted the pool work during the dead of winter when these contractors were hungry for work...I get the feeling that we got competitive numbers that were probably 30% lower than peek season pricing.With that said, the cost to do a deep clean and freshen up of the pool deck, re-grout all the pool deck joints, repair some tile work, new pool light, demo and re-plaster the entire pool, plus some bonus inlay tiles in all the steps cost us $4,750.

I needed 4s due to 3/4 water tap supplying 4 bath, 4 kitchen, 2 outdoor spigot and a joint laundry.  

The idea of joint ownership, obligations, and passing through profits and depreciation was more than my father-in-law or cousin was ready for.But if you want to have him as an equity partner, I'm sure there is an example in FilePlace (look under the Resources tab above).  

Open a joint LLC with the new partner?

So if anyone is looking for a partner situation maybe a joint venture please don't be afraid to send me a message.

Considering this Buy and Hold Joint Venture partnership and was looking for some expert opinions on what is being offered.  

I recently called a real estate business in Mississauga, Ontario and they told me that I need a joint venture to be able to conduct a transactions individually by myself.