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Updated over 4 years ago on . Most recent reply

User Stats

13
Posts
4
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James Gilstrap
  • Investor
  • Kapolei, HI
4
Votes |
13
Posts

I attain the Loan and the Deal, another person funds the Down

James Gilstrap
  • Investor
  • Kapolei, HI
Posted

Hello BP Fam, I am rather new to investing, especially in the rental space. I have dome several Flips, but now moving to CF rentals. 

Deal Details:

I have a deal that is $126K Purchase Price, I am approved for the Loan at 75% bringing 25% to close for down and closing costs which is around $38K. This will be a long term rental. Will not have high appreciate in the market.

I would like to bring in another person to fund the closing and down, but I do not know how to structure that or split the monthly cash flow. 

How would you recommend structuring this? How would you split the monthly CF? 

  • James Gilstrap
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