What is the usual structure for partnering?

I've recently begun working with developers from out of state and I'm loving learning the land development process! 

Trying to think through the process of actually using the HELOC funds. 

In order to be able to repeat this process it seems like the BRRRR method is the way forward.

Basic lessons learned about the overall process of acquiring a house, financing, setting up an LLC and an operating agreement, etc.

I am going to try to articulate my curiosity the best I can, so here we go...I am young but have been blessed to be surrounded by a few good sponsors with their own teams in place, and they have told me when I come ac...

Then you pay down the HELOC over time and repeat the process.

I have done things with attorneys, CPAs, stock brokers, insurance brokers and others successful in business.General business knowledge, understanding of financing requirements, knowing property valuations, maturity in personal financial matters to give general advice, understanding of the foreclosure process, legal aspects as to liability in leading someone into financial matters, fully understanding fraud issues and the differences in a general matter where fraud might be applied as generally thought of and what may constitute bank fraud causing or even attempting to cause a loss to an insured bank having different standards.

The loan could be secured by the property as a note and mortgage and that way you define the payment structure and interest rate to pay them.

In regards to the structure of the house, roofs will be repaired eventually.