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 almost 8 years ago,

User Stats

7
Posts
1
Votes
Saeed Sulaiman
  • Rapid City, SD
1
Votes |
7
Posts

Invest myself or with my family?

Saeed Sulaiman
  • Rapid City, SD
Posted

Hello all, 

After many hours listening, reading, and saving. I'm ready to make my first deal. 

I want to purchase a duplex that I've finally found where the numbers work. Here's the quandary:

My father will be retiring and will come into a end of contract bonus, they don't really have any other investments and he's talked many times about wanting to invest in a home with me... 

I can afford the down payment on the property if I do it myself, and I think it would be a good first property for me. If my father comes in, he could probably pay for it outright. 

So, should I just invest in it myself? Or should we partner together. If we partner what would that look like? If I put down 20% and he 80%, would we split the cash flow to those percentages? If we do that then I'm not really leveraging my money and am just using it as a more "traditional" investment. 

Any thoughts or experiences would be appreciated. Thanks all! 

Loading replies...