Investing With Other People's Money or Our Own

[Payne Wald]

A partner and myself are looking at a potential buy and hold property. It should cashflow very well and all the numbers work out. When looking at financing though we are torn as to which direction to go. We can both afford the 20% split down the middle (albeit it would be a large chunk of our existing cash), however we also see an avenue for bringing in someone else who can pay the 20% down and a guaranteed return while we don't pay anything out of pocket. This structure would eliminate about half of the potential cash flow though.

Does anyone have any experience with a situation like this or have any recommendations on which option to pursue?