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Updated over 9 years ago on . Most recent reply

Joshua Pope's profile image
Joshua Pope's profile image
Joshua Pope
  • Rental Property Investor
  • from Rockwall, TX
  • Member since Nov 13, 2015
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30
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12
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Joshua Pope's profile image
Joshua Pope's profile image
Joshua Pope
  • Rental Property Investor
  • from Rockwall, TX
  • Member since Nov 13, 2015
Connect
Joshua Pope
  • Rental Property Investor
  • Rockwall, TX
12
Votes |
30
Posts
Buying & Selling Real Estate

Partnering on rehabs

Joshua Pope
  • Rental Property Investor
  • Rockwall, TX
Posted
I'm completing my first rehab and was able to do so with private money. I offered 12%, I know that's higher then the norm but I found a home run deal and was somewhat desperate. Another investor approached me about partnering to do the next deals. My view of partnership is 50/50 but that wouldn't appeal to me. Can I structure a partnership so that I'm still just paying 10-12% of borrowed money?
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