How to structure partnerships

[Jacob Muniz]

Hello BP community,

I would like to know if anybody could provide insight on how to go about entering into possible residential real estate purchases with partners or entirely using OPM. I acquired my first two properties in Ohio last month, and want to help the team I have built there by bringing them more business! I already have networked with some high-net worth/high income individuals that have shown interest in a partnership.

Would it be reasonable to structure a partnership where I use someone else's capital to acquire properties and put them in other peoples names or sell them (like a turnkey property)? I am thinking of something other than simply using 50/50 capital to purchase and receiving 50/50 income from the property. Please let me know your thoughts!