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Updated over 1 year ago on . Most recent reply

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16
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Matt Miller
  • Lender
  • Charlotte, NC
8
Votes |
16
Posts

JV Setup for BRRR

Matt Miller
  • Lender
  • Charlotte, NC
Posted

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.

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Replied

May try checking with @Shaun Weekes he may have some contacts or insight for you on this

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