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Updated almost 5 years ago,
HOW to handle partner with MONEY💰 , no time or knowledge
I’m doing due diligence on a triplex and duplex that owner prefers to sell together! I don’t have $100k to put 25% down. A family friend is interested in going in with me, he has the $$$$$ to put down. What is the best way to set up this “partnership “ in the deal? I do all the work and manage he does down payment we split 50/50? Please advise from experience or knowledge. I appreciate