BRRRR with Partner

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Hi fellow BPers,

I was just on the Webinar on Duplexes to Fourplex that Brandon hosted, and a question was asked about starting on a deal with their own money. Brandon answered that they should not put all their money in and find a partner to start a BRRRR deal with. Then I got to thinking about some questions:

• What are the typical exit strategies with partners on a BRRRR deal or a rental deal?
• Is the partner just the initial capital and then they are out after refinancing (Private Money)?
• Or does the partner have equity in the property?  Then what happens after refinance? Does both parties have to stay in?

Let me know what your experience has been on BRRRR with partners, thanks!

Great webinar, I learned so much and am so motivated to do tons of analysis!