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Updated almost 3 years ago,
Private money Lending
I'm meeting with a private money investor today, I looking to partner with this person on some deals to leverage their cash to get into real estate. My thoughts going into tonight's meeting is that this person would front the cash for down payment/rehab, and I do all the boots on the ground logistics with rehab, leasing, and Maintenace. I am seeing the workload/risk split 50/50 in doing so but unsure if that's fair to any of you. I'm a carpenter by trade and have been in the building/remodeling world for 10 years. Let me know what you all think!
Much appreciated!