Inflation is hitting us hard too.

Personally I would go with Bill's route as it seems like the fair path (split the remaining 2 months).

Which means your partner would only be coming in with the remaining 30%, of which you stated you would repay plus interest and equity in that deal and future deals.

The expectation is that once a real estate project is up and running it should remain profitable for the lifetime of the project.

I also got these numbers from my realtor & ran them by a real estate investing group (a very expensive one) that I was a member of and got great feedback from almost everyone except one person thought the appraisal was inflated. 

The borrower can pay off the remaining principal balance, unpaid interest earned, legal fees, etc.

- Current income- Hope of price appreciation- Vacation home to go to- Future retirement home- Store of value/hedge against inflation- Generational gift to the family- Alternative to traditional retirement investmentsI'll go first. 

Inbox me if you'd prefer to remain anonymous. 

Prices and rents continue to increase steadily.Sales - $/SqFt by Month(Click to enlarge.)The median sales $/SF was up 9% YoY and 6.7% YTD.Rentals - $/SqFt by MonthRents rose 4.3% YoY and 6% YTD.The Market Remains HotFollowing the rapid inventory decline starting in Q1, the number of days on the market for sales remained below 17 and for rentals below 19, indicating strong demand for both.Sales - List to Contract Days by MonthRentals - List to Contract Days by MonthRental trends tend to follow sales.

Otherwise it will remain the only deal you ever did.