I could go ahead and tell the seller about the new partnership and draft the mortgage contract with our personal names on it, but as an older gentleman and a somewhat unsophisticated RE investor (this is the only rental property he has ever owned), the seller might become upset/alarmed by the entrance of a new person into the picture so late in the process.

I could go ahead and tell the seller about the new partnership and draft the mortgage contract with our personal names on it, but as an older gentleman and a somewhat unsophisticated RE investor (this is the only rental property he has ever owned), the seller might become upset/alarmed by the entrance of a new person into the picture so late in the process.

I am planning to utilize it to participate in limited partnerships, where I am a passive investor. 

I will reach out for partnership opportunities once I educate myself more as this is my very first deal.

The documentation is similar to any other real estate project but with some special Opportunity Zone language inserted into the operating agreement/partnership agreement.

@Erin FreeAre you looking for people to put cash down for a partnership?

To effectively ramp up and learn as a real estate investor, which of the options do you think is best and why for someone starting out:1. learning through professional coaching where multiple calls are setup with an expert2. learning through becoming a money partner in a JV partnership with an expert that is active in the partnership3. not considering coaching nor JV by learning through solo action as an individual Some examples of effective learning to me are:- understanding a particular market and its fundamentals- learning how to force appreciation through rehab and renovation which includes interfacing with general contractors and understanding city requirements for say a duplex conversion- finding off-market deals without spending too much money- placing offers on deals with the aim to close

I like to hold Owner Finance wrap notes, and I truly enjoy helping people who need non-traditional financing. I currently do mostly subject to wraps, but I have a long list of buyers waiting for opportunities to open ...

It’s a job interview and you’re starting a partnership with them.

Im looking to create a limited partnership and I wanna know what kinda term to offer.