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Updated over 3 years ago,
Question on investment from friends/family
Looking for ideas on how to possibly structure a way where I could accept investment cash (or a loan, I'm not really sure how it should be viewed) from friends and family that would be used as down payment for rental properties (short term rentals specifically are my thing) I would want to retain full ownership of the property, and maintain decent cash flow but I obviously want to structure it so I provide a good return on the cash invested. Anyone out there willing to share how they may have structured a situation like this? It may be unorthodox, but I have several family members who have no interest in the stock market nor would they ever take on the risk and work involved in REI but they would be willing to contribute $5-10k towards helping me build more properties if it also pays off for them.