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Updated almost 3 years ago on . Most recent reply
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How to divided up cash-flow for a property with partner
I’m currently looking in to purchasing a four-plex property i have ran the number and the deal fits my criteria , i have a great amount in savings to cover the down payment and costs associated with the property and still have capital for debt service coverage , the only problem i have is i am not currently employed for the last 1 1/2 years since laid off so i wont qualify for a mortgage loan , i talked to one of my friends he is willing to co-sign to apply for the loan he has great job history with the Same company for over 9 years
My question is how would you split the cash flow and profits of the property since i would be the one doing the hustling , management and putting down the money for the property ?
Most Popular Reply
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@Joshua Janus thanks you make valid point