Partnering on multi-families
I know how partnering on flips works, but I’m a confused on how having a parter on a rental works to everyone’s advantage. Is waiting longer to recoup funds in an investors best interest?Here’s an example:
Property cost: $100,000
Investors in for 20% or $20,000
Buyers Conv loan: $80,000
This is a hypothetical situation. There are a few MF in my area. I have some funds but would think about an investor if I knew how to structure a mutually beneficial repayment deal.