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Updated over 5 years ago on . Most recent reply

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Osama Mayassi
  • Rental Property Investor
  • Toronto, ON
0
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8
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Paying back Cash Partner

Osama Mayassi
  • Rental Property Investor
  • Toronto, ON
Posted

Hello,

So I have found a partner who will be providing all the cash upfront for the down payment and closing costs. How do I pay back this partner for their cash? What strategy have you used when using a partner? What kind of return to they make on their investment?

Thank you.

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Greg Dickerson#2 Land & New Construction Contributor
  • Developer
  • Charlottesville, VA
4,399
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4,756
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Greg Dickerson#2 Land & New Construction Contributor
  • Developer
  • Charlottesville, VA
Replied

@Osama Mayassi Did you ask them what their expectation is? What kind of return they were looking for and how long they were looking to leave the capital out?

A lot of this depends on what type and size of property you’re talking about, short or long-term hold etc.

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