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Updated almost 8 years ago on . Most recent reply

User Stats

41
Posts
5
Votes
Michael Faudoa
  • Rental Property Investor
  • San Diego, CA
5
Votes |
41
Posts

Need help setting up a deal

Michael Faudoa
  • Rental Property Investor
  • San Diego, CA
Posted

I am a new investor in real estate and I have a friend who is interested. I have great credit and work history, but no money. My buddy has no credit, but is able to put down 20% on a few deals that I have found. However, he is hesitant due to the fact that it is his money that's tied up. Is there a way that we can structure this so that we can purchase a rental and have it be a good investment for both of us? 

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