Question about allowing someone to buy in

[Will Gile]

My partner and I have two condos that cash flow $300 each. Put togerher we have about 175k in equity. To raise cash for another deal we were thinking of allowing someone to “buy in” and give us cash in order to come in on these existing deals. We would just add them to the title and then split profits three ways when it’s time to sell. But we would use the cash we would raise to purchase another rental. Is this a logical path forward?