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Updated over 4 years ago on . Most recent reply

User Stats

43
Posts
12
Votes
Jerome Jewell
  • Wholesaler
  • Elizabeth, NJ
12
Votes |
43
Posts

older brother has credit and I have cash!!!!

Jerome Jewell
  • Wholesaler
  • Elizabeth, NJ
Posted

how can we structure a good deal as partners . looking to get fha loan on multi family in jersey. any advice would be very helpful .

Most Popular Reply

User Stats

219
Posts
174
Votes
Kevin Paulk
  • Rental Property Investor
  • Brooklyn, NY
174
Votes |
219
Posts
Kevin Paulk
  • Rental Property Investor
  • Brooklyn, NY
Replied

@Jerome Jewell I would make sure that you have structured a really good partnership with your brother before structuring a deal. We know how the saying goes never mix "family and business" but if you do, establish who will be responsible for what, what is the exit strategy, what is the goal for each property, play out every thing that could go wrong and etc.

  • Kevin Paulk
  • Loading replies...