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Updated almost 9 years ago, 03/01/2016

User Stats

55
Posts
4
Votes
Trassa Oliver
  • Real Estate Investor
  • Cicero, IL
4
Votes |
55
Posts

Fha loan and partnering

Trassa Oliver
  • Real Estate Investor
  • Cicero, IL
Posted

What do you guys think of getting an FHA and parntering with someone with good credit and splitting the net or something similar? I am looking to get my feet wet asap and just was curious about good routes I should take..any advice would help.

Thanks!

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9,691
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15,548
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JD Martin
Property Manager
Pro Member
  • Rock Star Extraordinaire
  • Northeast, TN
15,548
Votes |
9,691
Posts
JD Martin
Property Manager
Pro Member
  • Rock Star Extraordinaire
  • Northeast, TN
ModeratorReplied

Personally, I think equal partnerships with equal say in everything end up being problematic with real estate. Better is a set up where each party plays to their strength, say one party is a financial backer and one party is the worker bee or similar. Real estate has a tendency to get personal the way holding stocks doesn't. 

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Skyline Properties
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