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Updated about 9 years ago,
Securing a deal prior to entering into a 50/50 partnership
On numerous occasions I have heard that if you don’t have any money to fund a deal, simply partner up with someone who can provide the funds and make a 50/50 split on the profits.
My question on this approach is…
How do I secure a deal from being swiped from underneath me, when I present it to other investors?
I would like to think that this is something that does not happen, but if there are other investors that can simply acquire the property without jumping into a partnership, what’s to keep them from simply going to the source, once you provide information about a given deal?
Not sure if this would be the appropriate forum for my question, but any feedback is appreciated.