Structuring a partnership suggestions needed

[Andrew Haney]

I am getting ready to squire my first property with a partner and was hoping to get some suggestions for partnership setups. In the deal I will be going I. With two other friends and we each have enough to put in an equal cash investment, but I’m the one doing the leg work hunting the property, running the numbers, finding the financing and communicating with the rental company. In this situation how would you structure this deal?