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Updated over 7 years ago,
first multiplex and have friends who want to invest in it
im sorry if this is the wrong place to post this im me to alI of this but i currently found a multiplex that i could buy and rent out its a 4 unit house with 2 houses on the lot that could be rented out but they want $300,000 it all looks good just minor fixes and i had a friend that came to me and asked if i would be interested in him giving me some money to help out with the down payment but i dont know how that would work out so my questions are
1. how would i pay him back if he invested money into a place i own?
2. would it be a better option to get more people included so its less money out of my pocket?
3. what are the pros and cons of going this route?