Here’s my situation: I’ll be the occupant-borrower.Credit Score: ~650Income: $60K base + variable commission (1099 + W2 mix)I also run a small construction side hustle bringing in additional income (not fully documented yet) My best friend and investing partner will be a non-occupant co-borrower.Credit Score: 780Income: $150K/year W2Zero debtShe won’t live in the property but we’re 50/50 partners on all deals   We jointly own an Airbnb in Florida (our first!)

My partner at the time was in charge of construction, however, and also a carpenter himself, so he wanted to take this on as kind of a passion project. 

I actually came across a post on a forum Armando used to have on his website by my future partner and after meeting him, seeing the property, and running the #s it was an obvious opportunity and my partner not only managed the rehab but for every dollar he went over our budget, covered it AND through in his commission as a realtor on the sale.

Djurici (also at https://qccapitalgroup.com/team/), or for that matter his two partners Joe Fairless (https://qccapitalgroup.com/team/), and Chris Salerno (https://qccapitalgroup.com/team/), because I was them....   

Interested in multifamily/commercial real estate, STR or MTR either owning completely or with partners or small syndications. 

You can also find a partner who does have capital.

We have used our SDIRAs and partnered with other SDIRA owners on tons of projects.

But since it is your first time, I would suggest keeping it in place or partnering up with an experienced investor that knows if a deal is worth it or not. 

Tools like our partner Baselane’s built-in bookkeeping can automate a lot of the heavy lifting (especially with their AI & rule-based transaction tagging launching soon), but we know every investor has their own system.Drop your methods (or horror stories) below — and if you’re curious about how other landlords are handling this, feel free to ask!

What if I did it where I started with a free platform like zillow or redfin even in a non disclosure state, then actually use that to my advantage by telling the agent (I only work on market) that if they think I am way off with he numbers could tghehjy provide me comps of their own thus throwing the ball in their court and then tell them that before we finalize the deal should we get there that aI will run it past some of my real estate agent partners to validate it and as long as there is not a crazy discrepancy I will accept it as the comp as part of the final purchase price.