Rental Property Deals with an Investor

[Renee VanHorn]

Hello Bigger Pockets World,

I am new to the real estate world and I have been listening to the Bigger Pockets Podcast, reading their recommended books, watching webinars, and much more. I am trying to learn as much as I can about rental properties; more specifically buy and hold rental properties. On the podcast, Brandon and David keep talking about investors and finding an investor to help finance a deal. However, I am trying to better understand how deals with investors work especially for rental properties.

I have a couple of questions about the deals with investors and I listed them below. You don’t have to answer everyone because I was jotting these down as they came to my head but if you could provide me with any information about creating deals with an investor, I would greatly appreciate it! Also, if you have done a deal with an investor in the past, I would greatly appreciate if you could give the details of the deal (if you are legally allowed to share the details) just so I can understand a real-life example!

A few questions I had:

How do these deals work? How much money does each person put up? How do you divide the profits? Who owns the mortgage? Is it hard to find investors? Can you eventually buy the investor out of the deal?

Thanks in advance for your response!