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Updated over 10 years ago,
Investing with Family member
My mother-in-law wants to help us with half of the down payment for our first investment property. We want this to make sense and be profitable / fair for everyone.
She is 65 and one concern is that it would take about 10 years to get her money back, if we gave her half of the cash flow back each month.
We also have goals of growing our business and with additional properties as fast as we can.
We are looking for some partnership solutions. Please send out your suggestions!
Konrad