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Updated over 10 years ago on . Most recent reply

User Stats

17
Posts
1
Votes
Chelsey Jimenez
  • Clayton, NC
1
Votes |
17
Posts

Family Deal good idea or no?

Chelsey Jimenez
  • Clayton, NC
Posted

Hello All! I am new to this website and my husband and I are very eager to get started investing in real estate as we are in our late twenties! We don't have much saved as we just purchased our own home. Therefore, my husband has an uncle that is wanting to help us get started investing by giving us the down payment for our first investment property for 50% of the profit we make each month. Does this seem like a fair deal? I don't like getting involved with family and money but my husband feels like we have no option right now if we want to start investing right now. Advice needed please!!!

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