Real Estate Deal Analysis & Advice

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Chris Mcdonald
  • Real Estate Agent
  • Arbutus, MD
54
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107
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What is a good return for an investor?

Chris Mcdonald
  • Real Estate Agent
  • Arbutus, MD
Posted Aug 26 2019, 22:25

My partner is providing 50% of the down payment and signing with me. What is a good return for him?

I will be matching his 50% and we will also split the initial cost on the remodel. He will be totally hands off. I will remodel, manage, and refinance.

What terms should I approach him with to make the deal worth his time?

A few things I’m considering. Use his money to get the property up and running then buy him out. Keep him on and pay him a monthly percentage of profit.

If you were only providing cash what would you need to entice you to invest in a proven trusted friend who has a positive track record of rentals vs just investing in the stock market?

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