Welcome - I also, have only a few props - both in Harrisburg, and also surrounding communities....Is your property in Lancaster City - or outside the city - just curious....Great job - I just hope your partnership continues to work for you....Best of Luck....Ken

I'm a fan of 50/50 partnerships with well defined responsibilities.

You need to have your ducks in a row before you pull the trigger. 

I would make certain that all responsibilities are laid out clearly, including termination of the partnership and then go from there.

Otherwise, you could trigger the due on sale clause in your own mortgage with what they are suggesting.  

Hey BP, I work as a Development Manager and Partnership Officer for Acqudev, a development and land acquisition company.

The 84 month loan (or 7 years) was a trigger 12% and $635/mon. 

I've had a few discussions lately with Apartment Syndicators and/or mid-to-large Multi-Unit partnerships sourcing deals into their pipelines and with Wholesalers who have good systems in place for Single-Family Home deal sourcing, but am having trouble finding any examples of success bringing both of these together. 

Is it possible to make a career out of putting together Real Estate partnership deals meaning pairing the silent money partner with the active partner who will find the deal and oversee the asset management side of it and the middleman getting a piece of the pie.

Make sure you check it out before you pull the trigger.