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Updated almost 10 years ago,

User Stats

67
Posts
7
Votes
Justin S.
  • Investor
  • Buffalo, NY
7
Votes |
67
Posts

Should I give my investor equity or just straight ROI?

Justin S.
  • Investor
  • Buffalo, NY
Posted

I currently own 18 units in Upstate NY and am running out of capital to invest in my next MF property.  I've never used a partner before and am honestly a little hesitant.  I like to have control and do not want to feel the pressure of having a partner.  I don't mind the pressure on myself but bringing someone else into the risk is what is holding me back

I'm wondering if I should look for an equity partner or if just going hard money is the better way to go? 

Also, what would a good split be if I am willing to manage it and split repair costs?

What ROI is decent for hard money?

Any suggestions would be greatly appreciated.

Thanks,

JS 

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