How do you structure partnership investing?

[Steven Asifo]

I am beginning down my journey through a partnership and I’ve heard many BP podcasts and have read people doing them, but not much detail on what it actually entails on paper.

For example how does ownership reflect in writing? Are people tying it all to an LLC? How do banks loan if it is a partnership vs sole?

I assume "it generally depends and I should talk to an REI lawyer", but generally interested in how other people are approaching it?

[Steven Asifo]

@Ashish Acharya

This is really helpful to understand! Thank you for taking the time to provide such a detailed response. I will be referring back to your post so I can keep this info in mind