Make sure that it is purely a financial desicion.

This is purely a negotiation between you and the lender. 

Yes I can put 20% down however I'd prefer not to if I don't have to.Since it would be owner-occupied I'd expect better terms than a pure investment property.On the newest podcast they discussed a 10% down owner-occupied portfolio loan.That's an example of the type of product I'm trying to get information on.

we usually double our cash on cash in 12 months or less.. hard to beat that for just pure return.4.

It feels like a huge mile stone in my REI career as this is the first property I bought as a pure investment.

Account Closed I doubt this is going to be much of a deal, but there might be a few bucks to squeeze out.Running off the assumption that you'll sell it for 90k:70% of ARV = 63k (this is a good rule to look at properties from a purely numbers based perspective)  The 30% covers closing costs when you sell and holding costs while you renovate.How much is the renovation going to cost you?  

Do you want to risk it.....purely up to you.

Not to mention watching a bank account decline on month-over-month probably 50% of the year.I can see doing it if you want to spend time there during the off-season, let friends and family use it during the off season, etc. but on a pure ROI basis I've always found better options in multi-family. 

This post serves purely as a warning to others.

So question is are there generally accepted standards for profit sharing between a purely capital investor (what my partner will be become) and the partner directing operations (which I will become)?