Selling Your Half of Ownership?

[Quillan Houser]

I have been having conversations with my wife about how to relieve some stress and I realized our personal debt has been my biggest issue. This year I began doing BRRRR deals with a good friend of mine and we have our business set up in a LLC. We have a handful of SF properties that I have no money stuck in but have equity that I'm considering selling to my partner or anyone else that would like to be part-owner of them. The properties are completely rehabbed and occupied (except for one we just finished). Would people be interested in buying out my half or is it an all or nothing situation? My partner has no interest in selling at the moment. The equity I'm considering selling is $40,751.50 and the monthly cash flow is $327.26 after cap ex, mortgage/taxes/insurance. Our first property's lease is up in a few months and the cash flow will increase significantly. With it being our first property, we made the mistake of listing it for a few hundred dollars under market.

Can anyone explain how this would work, whether it be my partner buying me out on just those properties or a third party?

Thanks!