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Updated almost 5 years ago,

User Stats

26
Posts
3
Votes
Connor Bause
  • Savannah, GA
3
Votes |
26
Posts

Knowing your worth in a partnership

Connor Bause
  • Savannah, GA
Posted

I understand that this is a very tough topic, because every deal is different. I also understand that you need to bring certain pieces to the table to have ground to stand on. With that being said, I have been having discussions with multiple long distance investors about potential deals here in the savannah area. I am looking for deals that potential partners would want to invest with me on. I am just looking to get tips or ideas, that when the time comes, I can be prepared to defend my efforts fairly. 

To keep it broad, I would say the 4 things needed for a deal are, 1) the deal. 2) ground work. 3) financing. 4) rehab (looking at BRRRR properties)

If I were to bring the deal, ground work and partial financing to a BRRRR deal, what are the possible options for splitting profits. Do I get the house/rent and I give them back rehab costs with a predetermined interest? Or split the house and cash flow?

What if I just brought the deal and ground work? What could I potentially get out of this?  Sorry I am being very broad and all over the board on this, still trying to learn