It's not a fair partnership if you the tap the equity of their property to use together if you aren't brining any capital to the table.

If they want an oven, they can get a table top one for under $100.

I do think it is a good idea to take some money off the table when an asset runs up and diversify.  

In my mind I tabled the manner as we had more pressing things to tend do and I needed everyone to be in work mode.To make the matter worse upon my arrival he had done no work, just small demolition he charged me over 1000 to do, and it wasnt even 100% complete by the time I got there. 

Some folks want a seat at the table and real control, while others prefer to be passive.. letting the sponsor do the heavy lifting.From what I read in The Economist, some markets (like Phoenix) are experiencing fresh pockets of growth in multifamily, so it’s definitely worth exploring if you’re eyeing future expansion.

-interesting coffee table books-deck of cards-yoga mat-dumbbells-frisbee-PuzzlesYou can keep adding as finances allow.

For me, adding value is table stakes (and that helps with scalability).

@Samuel Gebretnsae You have two choices. 1) Walk away and leave your money on the table. 2) Go ahead with the deal and take a leap of faith that the repair was done correctly.

Most borrowers I speak to are just assuming that rates will drop off the table in a few months.

What about the thousands of family members and private money lenders who are under the table?