Partenership and investing in NJ

[Pranav G.]

Hello There,

I am active investor in NJ, Buy and Hold type. Recently few folks approached me for partnership in investing in Single family homes. I wanted to go for it, but worry about loosing friendship/money/relationship/trust if something goes south.

I understand we need LLC or some entity as well as partnership agreement is good start. Where do i get more information.

Thank you

Prima