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Updated about 8 years ago,
Partnership structure where one side has all the money
Greetings to all.
I'd like to partner up with a GC on the BRRR method of investing. I have about $200k liquid ready to invest, but can't spell hammer, let alone swing one. My GC, whom I have been friends with most of my life, is eager to begin rehabbing rental properties, but has little money to invest.
My question is, what suggestions does the community have for structuring such a partnership, where one party brings the funding/analytics and the other is the boots on the ground with little funding in place? What % of equity is his expertise worth?
Thanks for your input.