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Updated over 7 years ago,
Help Structuring a Deal
Hey BP,
I have just found a quadplex last night and I wanted to see what you all thought and if you had any insight into what I am trying to do. I am looking to get a partner on the place for just the down payment of the property, split the profits 50/50 and I will manage the place myself and eventually I will actually move into one of the places. I am not sure if I want to do the deal with the partner long term or if I want to figure out a way to pay him back quickly. What do you guys think of the numbers and how I am trying to structure the deal?