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Updated about 5 years ago,
First time using OPM. Any advice?
Simple example: I want to purchase a multi-family property for $100k and am willing to put down $10k of my money. Three other investors are each willing to invest $10k.
What percentage of ROI should I offer?
With their investment, are they a partial owner of the property, or do they just expect a percentage of their money back over time?
Some background information: I've got a strong track record over the past 5 years with buy/hold duplexes but would like to get into something a little bigger.
Thanks in advance!!!!