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Updated over 8 years ago on . Most recent reply

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5
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Sergio Limonta
  • Wayne, NJ
0
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5
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Silent Partner Question...BRRRR

Sergio Limonta
  • Wayne, NJ
Posted

I have a meeting on Sunday with a potential silent partner who may be interested in investing in real estate with me. Im looking to use the BRRRR strategy. What can or should I offer him so that its fair for both of us when doing these types of deals as far as a return on his money? Im going to ask for both the money to purchase the property and the repair money. Short term loan with him and then refi him out asap and repeat. My goal will be to purchase 1 per month or at the very minimum 1 every other month.

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