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Updated about 4 years ago,

Nicholas Finelli's profile image
Nicholas Finelli's profile image
Nicholas Finelli
  • Real Estate Agent
  • Member since Jun 26, 2018
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Nicholas Finelli's profile image
Nicholas Finelli's profile image
Nicholas Finelli
  • Real Estate Agent
  • Member since Jun 26, 2018
Connect
Nicholas Finelli
  • Real Estate Agent
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General Landlording & Rental Properties

Partnering on Rental

Nicholas Finelli
  • Real Estate Agent
Posted

Here is my situation: found a triplex for $175,000 that cashflows almost $900/month. I'm currently under contract. This property is fully rented and I'm going with a conventional loan. Trying to figure out the best way to go in on it with a partner. Do we split everything 50/50 - Down payment, rental profit, profit once sold, etc.

Any suggestions? 

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