Partner up, or be a guide?

[Stephen Chaney]

I’ve recently purchased a 6-unit building. This Saturday I’m heading out to look at another 4 unit property. I’ve been watching it for awhile and crunching numbers and I definitely would like to buy it. Here’s my dilemma, a buddy of mine has offered to partner up on this deal, and supply the down payment. He’s looking to get into investing. However I don’t need his partnership in this deal. With the money he’s wanting to put down, he could buy the building alone. The good person in me wants to help him start investing solo, the business side wants to use his partnership or buy alone.

Should I

A) continue with buying the building alone

B) offer to partner as to not miss out on any future opportunities together

C) inform him he could actually invest in this building solo, easily in-fact using FHA and house hacking