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Updated over 6 years ago on .

User Stats

24
Posts
7
Votes
Daniel Golub
  • Philadelphia, PA
7
Votes |
24
Posts

Business structure with a partner

Daniel Golub
  • Philadelphia, PA
Posted

Hi everyone.

I have come to an agreement with someone who is very enthusiastic about being a 50/50 silent partner who funds 100% of my flips and holds. Before we move on to our first deal together (he is eager to start ASAP), I am looking for advice on which business structure is the best for this, like LLC etc. Anyone have experience with this? What path did you take?