The Hi Cory, thanks for sharing your thoughts. The potential property is a detached single-family home in Edmonton, and the operator so far has 4 properties. He's a good friend -- likely the reason he's upfront. And part of his disclosure is that he would have a hard time qualifying for...

Thank you for the insight, Sherilynn. In the case where your partner provides downpayment and mortgage qualification, how much share of the property ownership would you expect?

Thanks for sharing your thoughts and experience on the 25 / 75 split of property management. The way you explained it, I can see how it will not work. I didn't think much of it, now I am glad to have asked for advice here! Legwork would be finding the property and writing the offer.

Thanks Thomas. Yeah, you're correct in pointing out that 25% mgmt is not very clear. Thanks as well for sharing your guideline ratios.

Hi, I am new to real estate investing, and a friend approached me to JV on a buy-and-hold property. He will do all the leg-work and 75% of the ongoing management, in exchange for me shouldering the downpayment, securing the mortgage, and 25% of management. He expects 50-50 ownership and sharing...