Hi guys looking for some advice on working with a partner. Hopefully these questions aren't to long winded as I would really like to get into investing in larger multi family properties but have a lot of questions as to how it works. I realize each situation (partner, property...ect) are different but is there a general starting offer to give a potential partner. In my case they would be the one financing the property or down payment and/or also putting their name on the mortgage. If you are splitting the cash flow do you look for something that has a higher cash flow than if it was just you because you are now splitting it. How are most cash flows split (50/50) and what about unexpected expenses. Do you bring in a partner just to get started then refi them out or are you better off with "hard or private money" Sorry if this is long but really appreciate the input.
