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Updated almost 9 years ago,
Partnering for a rental house
If I wanted to do a conventional loan of 20% down on a SFH that was intended to be used as a rental, how would you design that partnership if i wanted the partner to bring the 20% plus the closing and I would manage? Would you do 50/50 on cash flow each month and then sell the property in however many years and split that 50/50? How would you structure and what is the most common form to that partnership?