Iv done a deal were an investor loaned me the down payment to buy a rent house and the bank loaned me the rest to purchase the house. We had a promissory note made by my lawyer for me and the investor. He then took that note and put a lien on the house until I pay the loan back. So I got to buy a house with no money out of pocket. I'm wanting to do this a lot more next year. I was just wondering if anyone had a better way to do purchases like this or this is pretty solid? Thanks.

as soon as you have some equity, do a cash out refi. pay the investor back or reuse that money. maybe the investor will give you more next time.

how long would it take to get some equity?

@Justin Young Hi Justin, I'm looking to structure a similar deal where my investor gives me the down payment on a deal through the use of a promissory note and we split all profit and equity 50-50. However, I'm stuck on how to use my investor's money for the down payment but take out the mortgage under my name. Did you just season the investors money in your bank account or open some type of joint account?  Any tips appreciated, thank you!