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Updated 20 days ago, 11/06/2024
Partnership structure advice
Hey Everyone! Looking for some advice on how to structure my first partnership. I'm looking to owner occupy 4 unit multifamily using a VA loan. The person who found the deal, future partner, found it off market, turnkey, under market rents. Offered to pay a large cash earnest to the seller and I'll finance the rest. Numbers are $430k price, $100k cash earnest, $330k VA loan. Any suggestions?