Looking to co-invest with a sibling on a rental property. There is a possibility that they might live in one unit; it’s a duplex.
My question is what are the common structures for a deal like this? Which one is most recommended?
So far what I am thinking about is
A) purely a financier role, I lend them money and they pay me back on an agreed upon schedule
B) be invested in the property while we own it. Do we take the ratio of what I bring to the table vs what they bring to the table and then just apply that ratio to everything?eg. any equity made on a sale, taxes, mortgage payments, repairs etc.
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source https://www.reddit.com/r/RealEstate/comments/ewjmh8/how_structure_deal_with_sibling/
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