Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 3 years ago,

User Stats

10
Posts
2
Votes
Cole Soreano
2
Votes |
10
Posts

Dealing with family members as Investors

Cole Soreano
Posted

My wife and I recently bought our first rental. Currently the property is a single family house which sits on a double lot and is zoned for multi family use. Our goal is to build a multi family unit in the next year, the only challenge is funding it. My father in law mentioned he would fund the down payment for the new construction loan, but hinted getting a cut of the cash flow every month. It would be great to get the project going but I am hesitant mixing family with business.

Has anyone had a similar experience with this?

Loading replies...