General Real Estate Investing

User Stats


How much percentage ownership should I have?

Posted Sep 7 2022, 18:55

Hi! New member here. I had a question and wanted to gauge the community here. My friend, who I have been flipping homes with for the past 5 years, wants to buy a rental property. The situation is that he will provide the downpayment while I sign on to the mortgage since my income and credit meets the mortgage. I don't have any cash stakes in this deal. Just that the mortgage will be under my name. My friend will take care of everything else. However, we are agreeing that I will still have a percentage ownership in the home since I will have the risk of holding the mortgage under my name.

My question is this: what is a fair percentage that I should propose given that I will be holding the mortgage but no cash investment? If you can justify your response, that would be awesome. Thanks in advance everyone!

Toronto, Ontario

Loading replies...

Log In or Sign Up to Reply