If so, then you could go into a partnership, as partnerships require GPs to have an active role in the company, and not act as passive investors.As always, I'm not a lawyer.

They either over leverage, make rookie mistakes or have a partnership disagreement. 

What's more important to them...success, or being part of a majority.”I prefer to connect with highly successful individuals in real estate, figuring out how to maximize my results, separate myself from the majority and create “future” long-term business partnerships.   

@Chris Armstrong Have a question on your first BRRR for someone just starting out with not much cash or partnership to purchase a house in cash is it possible if the numbers right to use hard money to purchase the property then rehab it with my own cash then refinance to pay back the hard money?

That is something that should be discussed when setting up the structure of your partnership/deal.

Show him you're reasonable, trustworthy, and interested in building a mutually profitable partnership, and you'll have a valuable team member that can help you in lots of ways beyond just building new houses.

What we do is form a partnership/LLC where the private money bring ALL of the down payment which is 20% with our lender.

My business partner and I are trying to decide how to split up the partnership in terms of percentage.

Purchase price: $165,504 Cash invested: $12,500 Property was purchased through a partnership.

We have an amazing partnership with our mortgage broker, we send them customers daily (in response to our marketing) looking to stop renting and buy one of our properties.