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Updated over 1 year ago on . Most recent reply

User Stats

11
Posts
3
Votes
Rania Mutumhe
3
Votes |
11
Posts

Investor share allocation

Rania Mutumhe
Posted

hey guys, quick update we finally got our four-plex and we are super excited. As I mentioned before it is my friend and her husband and I. Each contributed a third of the amount for down payment, since I'm single I'm moving into one of the units and we got it at 5% down. As I have been listening to a lot of real estate YouTube videos I realized that my moving into the unit is a major contribution to this deal and instead of us paying 20% we got 5% yet we are contributing the same amount of money. We are in agreement that my moving into the apartment is a huge contribution but don't know how to factor it into the deal. Any suggestions or recommendations? thank you

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