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Updated over 1 year ago,

User Stats

7
Posts
2
Votes
Brandon De La Pena
Pro Member
  • Financial Advisor
  • Corpus Christi, TX
2
Votes |
7
Posts

Structuring a partnership buying long term rentals?

Brandon De La Pena
Pro Member
  • Financial Advisor
  • Corpus Christi, TX
Posted

Hello everyone! I am looking for multifamily deals in my area and I have enough for a downpayment on one that I found. This will be my first deal and it is all the cash I have if I buy it with a dscr loan. My thoughts were to partner with someone to split the down payment. I wanted to understand how to structure it and how to incentivize someone to partner with me. Would we split everything 50/50? Would we set up a LLC together or a JV? Any advice helps, thank you.

  • Brandon De La Pena
  • Loading replies...