Updated almost 9 years ago on .
Michael Ft lauderdale Fl Gaining information
Hello everyone so before getting my feet wet I'm just trying to gain as much information as I can before taking that leap into buying my first duplex. Now referring back to Bp podcast 4. I remember hearing about equity partners in helping with financing a potential purchase. One thing the guest, Frank I believe his name was said that its always best to use the opm theory.(other people's money) so I get that part which in my head meant financing taking loans of such.which then he combined equity partners and ask would you rather have 100% negative cash flow or would you rather have a 50% cash flow so all in all where I'm going with this is would it be better to share my first investment with a equity partner or just go for it by myself n learn from it being it is my first time I rather share and earn and learn then to be by myself n screw up and be in negative on my first property.