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Updated about 2 years ago,
How to structure small multifamily (2-4 unit) partner deal?
What are the ways in which a deal can be structured to be beneficial for both parties in the following situation:
I am interested in and have the capability to find a small multifamily (2-4 units) property in Georgia that will cash flow quite well. I would source my own off-market leads and would lock the property down at a price that would yield upwards to 15% CoC. If someone else (Family, friend, investor) were to put up the full down payment for an owner-occupied friendly mortgage (I would live in said property, say FHA 3.5% DP), what are the ways in which that person could benefit or be paid back? How do I structure a deal that would actually be worthwhile for them and not just them essentially loaning me the money?
Thanks in Advance