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Updated about 4 years ago on . Most recent reply
Sweat/Capital Equity Partnership and Househacking
I've been planning and saving to start in real-estate via traditional house-hacking; however, I'll be moving to Boston for other reasons in the fall, where I'll certainly be priced-out of the multifamily market.
I have contacts who I'd like to talk about a potential capital/sweat equity partnership with, however, I would like to be as well-researched as possible before I do so.
I'm wondering: how rational is it to propose a capital/sweat equity partnership for a multifamily, where the sweat would initially occupy a unit? Are there any tips you might have for positioning this?
Having never heard of anything like this, I welcome any reality-checks, thoughts, experiences, or advice you might have to offer!