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Updated almost 4 years ago,
Clarification on an aspect of partnerships
So I was curious about a certain aspect of partnerships. Let's say I use a partner to finance the down payment and rehab of a certain property and in turn we will be splitting the cash flow. Am I locked into this partnership and only claim half of the cash flow this property produces or is there a way I can buy back their investment and claim all of the cash flow?
I'm not apposed to staying in a partnership, simply wondering how long a partnership can last and how I can exit one should the need ever arise.
Thank you