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Updated over 1 year ago on . Most recent reply
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JV Setup for BRRR
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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![Chris Merchant's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2759235/1687812586-avatar-chris75m.jpg?twic=v1/output=image/crop=1052x1052@147x39/cover=128x128&v=2)
May try checking with @Shaun Weekes he may have some contacts or insight for you on this