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Updated over 16 years ago on . Most recent reply

User Stats

124
Posts
15
Votes
Robert Granara
  • Real Estate Investor
  • Reading, MA
15
Votes |
124
Posts

equity partners? how does it work

Robert Granara
  • Real Estate Investor
  • Reading, MA
Posted

im a small time investor in multi family properties...ive been buying this year and plan on holding for as long as possible...ive done three 3 families so far this year and want to do more, maybe 2 or 3 more...however im pretty much tapped out of equity and cant come up w/ the down payment on the next deal

i talked to a hard money / rehab lender today and he mentioned an equity partner but he didnt discuss the details...how does an equity partner work and what are the costs assocaited?...has anyone ever used one before?

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