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Buying & Selling Real Estate

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Paul M. DeAngelis
  • Farmingdale, NY
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Splitting a Down Payment

Paul M. DeAngelis
  • Farmingdale, NY
Posted May 25 2020, 06:49

Good friend of mine is looking into buying first home with about 10% down and renting a couple rooms out then paying the remainder of the mortgage/taxes etc.

They are asking if I have any interest putting in 40% of the down payment to help and as an investment. In this situation what should I ask for in return? I would think at a minimum 40% of the profits on a sale maybe 3-5 years down the road, but should I also receive some cash flow every month? If so, what would that look like.

Does anyone have experience doing this and what was your strategy?

Thank you.

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