This approach isn't making me rich each month, but in 20 years, if I decide to keep, it'll be paid off and throwing off whatever the rents may be at that time.Sure, making 100k in a flip is great (and looking forward to that deal) but a few more like these and life becomes easy.I saw the benefit of having 50% ownership with finding the deal and dealing with the rehab and the partner made their 50% by letting me use their money for a year.

My partner recently received her real estate license and as a Realtor she gets half as much grief when it comes to asking these questions.

My business partner and I recently bought a duplex for 39,000 cash which should make about 1400.00 in gross rental income per month, which we feel good about.

Ultimately, our investors get their return, my partner would get $ to fund more deals, we are both compensated for the work we do, then onto the next one.

.@ Scott- My quick thoughts were to either wholesale it our partner on it, but not sure this is really a deal after seeing the property.@ David- The property lot size is ~14000sqft.

My partner and I own 3 properties there.

After I accidentally slept through the appointment to see the house, I called my realtor and found out he was interested in the property and asked if I was interested in partnering.

I'd like to partner on something but am nervous about that.My focus is on trying to find good rentals but I'm willing to do a flip if it will lead to the good rentals.

Account ClosedI did by partnering with someone.

My lovely fiancee is also my investing partner.