I too have been able to get houses bought when others made higher dollar offers.

So if you put up $50k and your buddies each put up $25k, you would own 50%, they would each own 25%.If someone is bringing more experience or higher level of involvement (say one of you is a General Contractor, or a Realtor), they may get compensation for doing that job, or they may get more ownership than strictly dividing up per the capital contribution schedule.

.· Compensation is paid out based on the higher loan amount Sample scenario of a loan · Transaction Type: Purchase· Purchase Price: $2,500,000· Loan Amount: $2,000,000· Property Type: SFR· Assets: $2,000,000· LTV: 50%· Effective LTV: 80% (with pledge)

Example:$100k houseHELOC = $20K Finance $80k for 4.875 (since rental property is in higher %). this means i'll be paying P&I towards conventional loan and payment for HELOC as well and even with rent coming-in will property still give out +ve cash flow?.

Keep a small but stable group of buy-and-hold buyers (low, mid, higher income type properties), a group of rehabbers who flip with varying degrees of work involved, and continually seek listings both from your buyer base and from other investors.

I agree that the LTV cap of 70% could be higher.

Probably shoulda made it even higher.)

The only waiting periods you would encounter are for cash out refinances, or refinancing and trying to use a higher valuation.

One of the main advantages I see would be that I could have say 4 properties if I could find 75% financing and achieve a higher return (I am looking a long term wealth compared to current cash flow) AND I would have quadruple the appreciation.From a legal perspective, I will let others chime in.

@Jon Klaus , I suspect what happened is they had a much higher number due, and they underpaid by 8cents.