Reducing debt on investment property in a partnership

[Josh Dix]

Hi, I’m looking into buying an investment property with a partner that would serve as a recreational property for our families but we would also engage in VRBO/ Air BNB rentals. If we buy this as a 2nd home to take advantage of the low rates but would like to pay the mortgage off at different rates, one of us may pay down faster than the other, how do you go about doing that? Has anyone ever been in this scenario and can affirm that once you establish a Fannie/Freddie mortgage, you can establish 2 logins and pay the debt down at different intervals or is it just going to be us keeping up with it ourselves? May be a bad question but it’s a hang up for us as we may want to pay it off at different rates as we each come into money at different times.