JV Setup for BRRR

[Matt Miller]

What's going on BP nation? 

Newer to investing and looking for some insight. 

I understand the basics of a JV contract and the split for a fix & flip, split profits after sale. But what about when one party wants to keep and rent the property? Do you c/o refi and give the other party their portion of equity vs. profits?

That said, I have a property I'm interested in taking on as a BRRR, ideally as an MTR, but I need someone to JV with capital. I can take out the loan and manage the project, just need the dp.