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

As I understand it, someone would need to first set up their own OZ fund , which seems to just be a llc or partnership dedicated to investing in OZ properties , correct?

Bouncing ideas off of others and getting direction/encouragement is easy to do without having a formal partnership.

However, there are legit partnership opprotunities out there.

What's your role in this partnership, Justin?

If you are gonna take more than 6 months to rehab then i would think of getting it financed another way.I think there are so many ways to go about this, angel investors, syndication, hard money, partnerships, LLC, land trusts, just to name the most common ones.  

I don’t have the capital saved up to do this on my own yet, so I’m very interested in a partnership.

What is the best way to approach him with my strategy for continuous partnership. 

.- time to build strategic partnerships whereby you help them achieve their goals while they help you achieve your goals.Just my two cents and would love to hear your thoughts!

Am I legally able to partner with an individuals intending to utilize a VA and/or FHA loan? I’m aware that FHA allow a gift of the down payment but unsure about VA. Also, am I able to fund the renovation with expectat...