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Updated almost 7 years ago,

Jonny Morris's profile image
Jonny Morris's profile image
Jonny Morris
  • Rental Property Investor
  • from Bozeman, MT
  • Member since Oct 9, 2015
  • Posts 60
  • Votes 10
  • Experience 7 Yrs
  • Investments 2
Connect

User Stats

60
Posts
10
Votes
Jonny Morris's profile image
Jonny Morris's profile image
Jonny Morris
  • Rental Property Investor
  • from Bozeman, MT
  • Member since Oct 9, 2015
  • Posts 60
  • Votes 10
  • Experience 7 Yrs
  • Investments 2
Connect
Jonny Morris
  • Rental Property Investor
  • Bozeman, MT
10
Votes |
60
Posts
Creative Real Estate Financing

How to structure a partnership deal?

Jonny Morris
  • Rental Property Investor
  • Bozeman, MT
Posted
Short and sweet... Just connected with a local investor and looking to partner on a deal. I have a HELOC (cash) ready to go. He will probably get a loan. Going in 50/50 on the purchase and rehab. Strategy is BRRRR. We’d both purchase through our LLC 50% each. Thinking use a joint account between us to collect rents and hold funds for repairs and cap ex funds etc Any thoughts on how to structure?
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