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Updated almost 7 years ago,
What partnership structures have worked best for you?
Hello BPers,
I've been a little dormant on the forums of late.... work and things seem to get in the way more than I should allow.
Anywho, a little about me... I began investing in real estate two years ago..... each year, buying one househack and one investment property. Then a few months ago, I worked out a land contract with an owner and it's been the best investing experience to date in terms of ease of doing business, flexibility in terms, etc. Between downpayments, roofs, usual expenses, this and that, etc.... my cash supply is at about 1/4 tank.
So while my money is short, I've continued to connect with owners and have a few deals that I'd like to take down. Because cash is short, I've been exploring the idea of working with a partner, private money, etc.
With this situation in mind, what types of partnerships/private money arrangements have worked for you?
All the best,
jake