Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 on . Most recent reply

User Stats

10
Posts
1
Votes
Jamin Littell
  • New to Real Estate
  • Brighton, Mi
1
Votes |
10
Posts

Newbie here with question about how partnering affects my numbers

Jamin Littell
  • New to Real Estate
  • Brighton, Mi
Posted

Hey everyone. I’m a brand new aspiring investor looking to begin my life-changing journey this year.

I’m into LTRs, and the REA I found on this page sent me a duplex with an Coc of 15.30% and a $550/month cash flow. 43.5k is needed for DP and CC, and that’s a bit more than I have right now. So I’d be looking to partner with someone else.

My question is, those numbers work for one investor (I think), but if I bring half of the money to the table, and we split things 50/50, or 75/25 since I’m bringing half of the money and the deal, do I have to re-run the numbers somehow to reflect that?

I'm afraid of thinking that deal works based on just me investing but if I'm splitting things 50/50 or 75/25, then would the deal NOT be a good idea. Would the CoC then only be ~7.8% if I'm splitting it 50/50?

Thanks so much for your time everyone!

Loading replies...