I864 and assets

[Tony974 0]

A friend of mine asked me to help him with the following:

Spouse is the petitioner and sponsor ,but her income is less than the 125% poverty level which in their case should be approx $25000. He wants me to co sponsor him (im not sure im ready to do that ) so i suggested to submitt assets in which in their case would be their property in the USA which is free and clear , he has the tax valuation for the county( which is generally appraised at less than market value and indicates its $ 277.000) and the deed

Would this suffice to be approved? I would think this is a cut and dry case but i want opinions from the forum.

Another question ....when they submit the I130 + I485 how long does it take to have the petition approved?

When do you submit the I864? Toghther with the I130 ?

I will accompany him to see an immigration attorney this week and just would like some ammo with me for the discussion.

He wants me to be cosponsor even if he submits assets ,would my cosponsorship be waived or ignored when they see he has sufficient assets? Thanks in advance for clarification....