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Updated almost 6 years ago,

Paul Murch's profile image
Paul Murch's profile image
Paul Murch
  • Rental Property Investor
  • from San Diego, CA
  • Member since Dec 19, 2012
  • Posts 33
  • Votes 7
  • Experience 17 Yrs
  • Investments 1
Connect

User Stats

33
Posts
7
Votes
Paul Murch's profile image
Paul Murch's profile image
Paul Murch
  • Rental Property Investor
  • from San Diego, CA
  • Member since Dec 19, 2012
  • Posts 33
  • Votes 7
  • Experience 17 Yrs
  • Investments 1
Connect
Paul Murch
  • Rental Property Investor
  • San Diego, CA
7
Votes |
33
Posts
Creative Real Estate Financing

Equity partner on Rental

Paul Murch
  • Rental Property Investor
  • San Diego, CA
Posted
Working on single family 4bed/2bath purchase as a rental. Price will be around $140k. I want to bring on a partner to fund the rehab, estimate is $50k. The ARV is $215k based on recent comps, but I want to hold long term as a rental. Cash flow doesn't support taking on a loan for the rehab. I would like to trade equity instead. How would I structure that with a partner? And, is his interest secured by a deed of trust or a contract agreement between us?
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