We look forward to connect with people here and contribute back to this forum as we progress in our real estate journey.Rupa Nair

We look forward to connect with people here and contribute back to this forum as we progress in our real estate journey.Rupa Nair

So your final decision might be the answer you make on those 2 properties and any decision might be decided on the debt question of good debt versus bad debt.If you have any benefits by purchasing  an apartment complex as a controlled ownership and by benefiting from a Tenants in Common joint venture association that will contribute to an apartment complex purchase and allow your keeping control of that property on a daily basis regardless of your ownership percentage.  

Sounds like you have a good business already, contribute  your knowledge here to help others and the community will help you out as well.Welcome to BP!

It will be a equally divided partnership and everyone will contribute same amount of money for down payment.

I love the podcasts and resources available on this site and hope to be able to contribute at some point.

The contribution must equal ownership split, in other words if your IRA is 50% partner - it must contribute 50% of the cash required for the deal.

Had about $85k in a pension fund that was at risk of paying me nothing when I retired except my $85k in contributions. 

The stock market never shows that there a negate times and it is looked at very well because of it's complication of the Stock Market and contributions are higher versus Real Estate which only might have more to learn but is easier to learn the basics. 

What happens if we 'burn through' the initial capital and only one of the partners can contribute with more capital?