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Updated about 10 years ago,
I'm a RE Professional/Investor and looking to partner on 6-Unit property...
This will be my first apartment building investment and I would like to maintain a 20-30% interest in the property. BUT - I am trying to figure out how to structure the deal. I will be the buyer-agent, but I have worked with my 2 investors on other deals (assignment contracts) and THIS time I would like to maintain interest. I will manage the property which is 100% occupied with good rental history, but I need to know can I (or should I) I put up $40K of my own money on the $950K property and have the 2 investors put up the remainder of the down payment costs and have them to take care of financing the deal (I do not know how I can qualify...). I need HELP...been agonizing all day on how to structure this. I appreciate any advice.