.- Property is in Kitchener, Ontario, CanadaEasiest way to do this is you both bring equal amount.

Originally posted by @Mary Mitchell:Originally posted by @Joe Villeneuve:in reality your $1M in cash bought you $5M in property value, and 5 times the cash flow.not quite  - the levered money gets you a little more cash flow - but not 5x   20% = 1/5...therefore, 5 times 20%...which would usually equal about 2.5 - 3 times more than an all cash buy os a buyin.   

Also 4 Hour Work Week for that matter.If you were able to buy a property that has a cash on cash return equal to the new lease payment.

They also might have gotten pissed at the bank and drilled 3 equally spaced holes in a main steam pipe (ask me how I know...)  ;-)Run your numbers carefully, come up with a worst-case scenario, and ask yourself it's still worth it. 

So it is the funding source for your project.Cash-Cash equalizes things since it reflects the money in your pocket every year and the amount you took out to buy that return. 

90+ year old homes can equal frequent headaches.

In most of the areas/price points I ran, sub 200k inventory is down but closed sales are up or equal to 2019.

All other things being equal - view, amenties, location - yes it should rent for more and more often.Building in the smokies - hmmm.  

I just finished a flip with an investor in a new market recently, my experience with the building department, the need for an architect/engineer to sign & seal documents and the requirement to obtain a new certificate of occupancy proved vital in getting the project done. 

Give each member an ownership stake equal to his cash investment.