I will be sticking to my current method of one account for deposits and then transferring the money around.

I want to ensure my taxes are solid, since I would like to be able to qualify for a traditional mortgage next year rather than continuing to work with hard money lenders due to the rather high interest rates I deal with(I still make it work, but of course more profit to be made with a conventional mortgage).Thank you!

Essentially, people could donate money and get tax deductions and then that money could be pooled to buy property, fix it, rent it and pay a manager.I’m assuming it would be similar to a self invested Ira.

As mentioned above house hacking is a great way to get started since its low money down as your primary residence, but if you already own your own home you may look into tapping into your equity and using a HELOC to help with downpayment.

If you don't want to wait then maybe find a hard money lender

Hey my names Kino, and I'm new in the Real Estate field and i’m more interested in wholesale real estate because I'm young and i’m trying to build money to invest into properties, Im 16 do online school so i have much free time to focus on business and cant wait to work with any future agents.

Are you prepared to lose money?

If you have too many mortgages (that was me).....you will need to go to a hard money loan in the US. 

Many people use hard money loans to do the initial purchase and rehab, but I believe those lenders typically want to lend to investors with experience because part of the criteria is evaluating the deal itself and the investors ability to execute.

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