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All Forum Posts by: Jacob Muniz

Jacob Muniz has started 6 posts and replied 16 times.

Post: Partnership/networking in Silicon Valley

Jacob MunizPosted
  • Investor
  • San Jose, CA
  • Posts 18
  • Votes 17

To the BP community in Silicon Valley,

I am looking for like-minded individuals to network and possibly partner with in my community! I was born and raised in San Jose, CA and now live and work in Santa Clara. I recently completed my first investment property purchase in Akron, OH, and am saving up to continue investing.

I have created a team in Northeast OH (Akron/Cleveland area) that gives me a lot of confidence to continue making good investments, so I would like to be able to bring them more business. If you would like to network or discuss a possible partnership please feel free to respond on this post or reach out privately. Happy holidays!

Post: How to structure partnerships

Jacob MunizPosted
  • Investor
  • San Jose, CA
  • Posts 18
  • Votes 17
Quote from @Chris Seveney:

@Jacob Muniz

Many ways to skin the cat as mentioned in other posts

Another simple thing to do is just have them be the lender and give them interest only during the rehab and if you flip it then they get their principal back. If you turn it into a rental then make it an amortized loan


 Thank you! I like the idea of offering an amortized loan since I am looking primarily at buy and hold investments. Do you have any resources for how I could "amortize" a loan amount to have something to show to potential partners/lenders?

Post: How to structure partnerships

Jacob MunizPosted
  • Investor
  • San Jose, CA
  • Posts 18
  • Votes 17
Quote from @Eliott Elias:

Most partners are going to want 50% equity. The ideal situation for you is to have someone completely fund your projects and give them a return at the end of the project. Shoot for this 


 What if I am only looking at buy & hold or light rehab-only investments?

Post: How to structure partnerships

Jacob MunizPosted
  • Investor
  • San Jose, CA
  • Posts 18
  • Votes 17

Thank you @Jason Marino this is super helpful! I will definitely look into both these options. 

Post: How to structure partnerships

Jacob MunizPosted
  • Investor
  • San Jose, CA
  • Posts 18
  • Votes 17
Quote from @Michael Warthen:

BP has several podcasts and books about this. I would utilize those resources. I am in the process of doing this myself. Good luck!


 Any specific ones that you would recommend?

Post: How to structure partnerships

Jacob MunizPosted
  • Investor
  • San Jose, CA
  • Posts 18
  • Votes 17

Hello BP community,

I would like to know if anybody could provide insight on how to go about entering into possible residential real estate purchases with partners or entirely using OPM. I acquired my first two properties in Ohio last month, and want to help the team I have built there by bringing them more business! I already have networked with some high-net worth/high income individuals that have shown interest in a partnership.

Would it be reasonable to structure a partnership where I use someone else's capital to acquire properties and put them in other peoples names or sell them (like a turnkey property)? I am thinking of something other than simply using 50/50 capital to purchase and receiving 50/50 income from the property. Please let me know your thoughts!