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Updated almost 9 years ago,
Partnership breakdown. I pay for property he pays for rehab.
Question about how best to structure this deal. Im buying a buy and hold strategy duplex for 200k using 30% down of my money on a loan in my name. I have a partner who's willing to put up the 25k in cash that it needs in work. He is simply putting in the money and Im literally doing everything else.
Curious if anyone has any thoughts on how to best structure the deal?
A split equaling the money we both put up doesn't seem fair because I did and am going to be doing everything else.