I have structured multiple partnerships where I find the deals and they fund the project.

I am open to partnerships if it makes sense.

I am working on getting my CA Real Estate license by the end of August 2020.I bring a tangible set of skills that I can apply with any potential mentor's business and/or needs in case he or she is worried that I will not be bringing anything to the table in return for their guidance, education, and potential partnership. - I have an engineering degree from SJSU.

Partnerships are pass through entities, so you will pay taxes on the operating results of the partnership every year and not necessarily on the distribution amounts as is customary in C corp investments (like stocks) that do not pass through.

If you want practical answers, if you transfer property soon enough, report all the income on the partnership return. 

Hello BPF users,I have started investing in Single Family Homes around Austin, TX in partnership with my friend.

We are going into the partnership with 50/50 contribution to the LLC.

Definitely open-minded to partnerships and creative financing.

This made sense for me as the LLC's are partnerships as well so my partner feels good in the ownership of the entity and property.

The seller told me they may even be willing to forego the first 6 months lease fee in leiu of using that money to finance the repairs.There are a lot of other considerations, such as the option after 5 years and of course the ARV, but I'm only really interested in the cash flow for now to build my own portfolio, and not the option or the potential from ARV.This is not a solicitation, but I would love advice on whether it remotely looks worth doing and if so, how can I sell it to someone when I find someone to ask for 500k collateral and a partnership?