Updated about 11 years ago on . Most recent reply
Financing an investment with an investor
I am about to start my Real Estate Investing company.
An uncle of mine wants to invest $10,000 with me.
My question is, if I buy a $100,000 property, does that mean he owns 10% of the property, or some percent of my company?
I don’t want to give him any percent of my company, but a percent on the property his money is being used in is something I consider.
Is there a general rule when people are investing money in your real estate company? Out of that %100,000 property I buy, how much percent should I give him?