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Updated over 7 years ago on . Most recent reply

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Elias Ordenana
  • Orlando, FL
1
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Investing on a refinance

Elias Ordenana
  • Orlando, FL
Posted
Hello all , I'm not sure if I posted in the right area. But I'm looking to invest. I have a partner that needs to refi their investments rental which they owe approx 90k. They are in a ARM loan which now they are in negative cash flow. They cannot refinance into a fix rate 15/30 yr because income is to low. If we can uptain a new loan under both of our names how should we split profits on: Rental income? Percentage when property is sold? Or anything idea so we can both come out winning from this. Or am I even entitled to anything? You thoughts ? Thank you

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