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Updated over 5 years ago,

User Stats

25
Posts
5
Votes
Jerry Cima
  • Putnam County, NY
5
Votes |
25
Posts

What's a typical split for a partnerhip?

Jerry Cima
  • Putnam County, NY
Posted
What is a typical split for a partnership where 1 party is financing the entire operation & the other party is managing it?

The goal is to BRRR a ~2K sq ft duplex. To be more specific, we're not necessarily looking for one that needs a rehab, a unit that requires cosmetic fixes would be great as well. We do anticipate to hold the unit. 

I understand it can be whatever you decide on, just not sure what to propose to the interested party. 50/50? 70/30? (they get 70)

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