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Updated almost 6 years ago,
Deal structure between GC & 100% cash Passive Investor
Hi, guys
I'm new to biggerpockets and I need help structuring a deal
My husband and I own a GC/CM company . We have a Passive Investor who is interested in loaning us 100% cash for some of our deals. He is not interested in getting anything in his name :Partnership, a mortgage or lien on the properties . He wants to just put in money and get a return .The deals will either be buying land and we build new or renovating houses and selling them . We will be the GC to build or renovate and would be getting paid for our work . We have a separate LLC setup from our GC company that would get a loan from the investor and employ our GC company to do the work. We have an opportunity for him to keep investing in our deals if we can get the first one structured fairly for us and him. Does anyone know how best to structure deals win such situations?
Thank you for reading this and your help will be greatly appreciated
Janet