Partnership with a friend

[Vinh Nguyen]

I am partnering up with a trusted friend. We recently had an offer accepted for $210K. Her parents were nice enough to pay the whole thing in cash. My question to you is how would I go about contributing the 50% of my portion? I rather not spend all of my savings since I can use that money to make other investments with the partner. Please advise. 

[Filipe Pereira]

It sounds like you're in a partnership with your friend and her parents if you ask me @Vinh Nguyen. It's probably best to draft up an agreement with all parties, and divide any proceeds according to the percent of money invested like @Nathan Gesner described. 

You guys have a lot of details to work out by the sound of it. I wouldn't move forward until you have the details worked out. Partnerships suck when there isn't immense clarity.