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Updated about 9 years ago,
Who can decide when to sell the property purchased with investor?
Looking to get ideas on ways to partner with an investor. I am new to property investing. I am sure there are many ways to structure a deal. I have good credit and some cash to invest. One thing I don't want to do is manage the property. The goal is to generate passive income and benefit from appreciation.
One thing I struggle to understand is who gets to decide when to sell the property that was jointly purchased with another investor? What are some of the typical ways investors structure these deals / investments?
I realize that deals could be structured in almost infinite number of ways. That said there a re probably some popular / commonly used methods to partner with an investor. Thats what I am looking to find out. Also, would like to know how to tackle the question of who decides when to sell the property (how is this typically handled). The investor may want to sell and I may not. The reverse is true as well.