All Forum Posts by: Thomas Smith

Thank Kevin, the other parties want nothing to do with the rehab or maintaining  a long term rental but I do. That’s why I thought it best to give them their return on investment and move on to the next project. I am the one securing the financing and facilitating the rehab along with supplementing holding costs. That’s why preferred to property in my business his name. Does that change your opt at all ?

Hello BP Fam !! I had a question about splitting profits on a BRRRR. My plan is to retain ownership of the property after the refinance and split the profits. If anyone has worked with 2 or more entities on a BRRRR I would definitely appreciate any advice!!