Hi All,
i have a colleague of mine who is looking to invest in some property - and was wondering if anyone has invested with friends before and what are the pitfalls/good points?
he has got $400k equity, and wants to use some of it to build a house to on-sell.
We both work in the building industry - and obviously it would half the risk, but then I am thinking that nobody ever forged a path being 'too safe'.
thoughts?
i have a colleague of mine who is looking to invest in some property - and was wondering if anyone has invested with friends before and what are the pitfalls/good points?
he has got $400k equity, and wants to use some of it to build a house to on-sell.
We both work in the building industry - and obviously it would half the risk, but then I am thinking that nobody ever forged a path being 'too safe'.
thoughts?