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Updated over 8 years ago on . Most recent reply

User Stats

11
Posts
3
Votes
D'Antoine Hills
  • Rental Property Investor
  • Atlanta, GA
3
Votes |
11
Posts

Forming a partnership?

D'Antoine Hills
  • Rental Property Investor
  • Atlanta, GA
Posted

What are some key things to know about forming a partnership with someone on a fix and flip deal? As far as hard money loans, contracts, and exit strategies? I am new to real estate investing looking to do my first deal. I recently met up with another real estate investor who is currently doing his 4th flip. He's offered me the chance to partner with him but i have no experience on how to go about doing so. We talked about starting a LLC to work under. I just dont want to get caught up in any scams. Any suggestions are accepted!

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