Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 6 years ago on . Most recent reply

User Stats

39
Posts
20
Votes
Zachary Zinn
20
Votes |
39
Posts

Financial partner for Buy and Hold

Zachary Zinn
Posted

I found a duplex which seems to be a pretty good deal based off of the rough numbers, cost $125k with $428 in cash flow an 18.34 cash on cash ROI. Rent est $850 per side. Property is in good shape with both sides having been remolded within the last 3 years, just likely need a roof in the next few years. These ares just basic numbers and what I could gather from the listing and photos, as I have one big issue and that's the down payment of approx $38k.

So my question is, would this be something a partner with the money for the down payment be interested in? I have some I could put down and the % of the cash flow and equity could be modified as needed. So looking for thoughts. 

PS house hacking isn't an option as its to far away from work for me to live there.

Most Popular Reply

User Stats

39
Posts
20
Votes
Zachary Zinn
20
Votes |
39
Posts
Zachary Zinn
Replied

@Andrew Postell Will do, thanks for the advice.

Loading replies...