BRRRR and partnership

[Karee Awls]

So my partner and I both hold title to the property an we've decided to implement the BRRRR strategy. Originally it was a cash deal at $48,000, home now appraises at $95,000 an we're now going to rent it out for $1200.00 a month but hope to get 75% equity from the refinance. My question is should my partner and I still split the equity and flip the rest or do I eat it an just pay myself from the month residue payments from the monthly rent?

I think my partner wants to put her money back in the bank ($48,000) and flip the remaining equity but then I've worked for free and will get paid in the long haul with monthly rents and future BRRRR's.