Hi community,
My partner and I are reading to buy her first/my second multi-unit property. We are not married, though we have made a ten-year commitment (yes, we made a fixed contract for our relationship! It's great. We do have an option to renew :)
I have 150K, she has 50K.
I don't need the rental income, she does.
If I invest $150K and she does $50K but we split rental income 50/50, will I just completely screw over my investment returns? Similarly if I contribute 75% of the downpayment but only get 50% ownership, is that just financially stupid?
Trying to figure out how to make this a win/win so I don't kick myself for a low-return investment in the future (recognizing that there are many benefits to this than just financial.)
Resources or recommended reading welcome!
Thank you,
Isaak