50% partner wants 100% cash flow.
Hey guys! One of my investors has offered to be a 50% partner and finance the down money for properties and in return they want 100% of the rental cash flow until my half of the down money is paid back. Its basically an interest free loan that the tenant would pay off for me. My gut is saying to move forward but I may not see any money for a few years depending on the size of the down payment. Other than a cash out refi, which they are open too, to pay the debt early is there any other options I could pursue? Has anyone ever been in a partnership like this? Thanks in advance!