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Updated over 3 years ago,
Options for Investing with a partner
I have a partner with a large sum of cash, but doesn’t want anything to do with the investment property after purchase. I have little capital until two major renovation projects are finished (about 6 months)I’m a real estate agent in two states, own rental properties and Airbnb’s in a few states, so I bring the investing and management expertise to the table…
What parameters should we use to purchase our next Airbnb so that we both end up with 50% equity.
Any ideas on how we should structure our agreement would be very helpful. Thanks!