a fair deal

来源: 于 2011-12-12 21:57:18 [旧帖] [给我悄悄话] 本文已被阅读：次

the ownership is 5/22 (relative) and 17/22 (you). 

when there is income, 10% goes to PM (you), take 90% rent income deducts non-interest expenses (insurance/tax...) (let's say x amount profit).  5/22 *x goes to relative, and 17/22 **x goes to you.  You take care of interest payment.

Too complicated? I lost, too.