How do I enter a property rental partnership fairly?
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I currently own a home valued at around $150k. There is a home I want to buy. However, I do not want to sell my current home but use it for a rental property. I owe 100k on my current home.
My friend and I have talked about getting into a partnership and purchasing properties to rent. How would I equitably bring him into this rental? My current mortgage is $850 a month. Projected rent is $900 per month.
you have to start saving up and once you have enough money to have a safe fall back once it doesn’t work, then go ahead and shoot. I’m starting a partnership with a restaurant, so I made some money first, saved up, and now i have a successful restaurant!
you have to start saving up and once you have enough money to have a safe fall back once it doesn’t work, then go ahead and shoot. I’m starting a partnership with a restaurant, so I made some money first, saved up, and now i have a successful restaurant!
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I’m very sorry : I’m not a businness woman
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