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Updated over 5 years ago,
partners - help me understand
So I have a big question is you guys can help me.
So, I can’t apply for any “normal” loan or refinance. My plan is simple, I’m Saving cash to buy my first rental property and fix it with my brother and then rent it.
I have a doubt, I might have a second chance with somebody to partner with but
I don’t understand what should be the deal with that person? Because basically I will need him as an american to use a loan to refinance the house and the cash, I don’t know what should I give to him or what should be the deal? I’m looking to always take the money for me as a newbie! Help me out please !