Being as they are my parents they would more than likely simply loan (no interest)/give me the money, but I want to approach it from a business standpoint A) to show them they would get better returns than just sitting in the bank and could be great supplemental income for retirement years and B) I'm not looking for a handout but truly trying to learn how to structure deals for private money in the future.That being said those of you who have partnered/joint venture would you be so kind as to share some of your different agreements?

Either agree to the target return and achieve that through an interest rate or assume he is your equitable partner, since that is what he would be in this case.

My current activities: Finding great deals and making tons of offers in Memphis TN.Marketing the deals to cash buyers.What I'm looking for now:Great deals in Memphis TNCash buyers who want 15% plus cap rateMoney partners who want to buildMy goals are:160-rental property personal portfolio.I have a dream: To develop and manage the awesomest multi-family rental property complexes for creative communities of over 55s and baby boomers.Zelda [email protected] www.RealEstateDealsUSA.com

We are lucky in that our son (and partner) does 3D renderings, and is able to do virtual staging, etc., so that helps tremendously.

Total monthly operating costs should be $2250.In terms of the deal split, my partner would be the person who sourced the property opportunity and who will serve as general contractor.

I am a mason and I have 2 partners who are carpenters, so we are able to very accurately assume what thinsg will cost and have a definitive time frame.In my opinion, buy and hold is a great starting point (that's what I did), theres tons and tons of resources here and people to answer questions for ANY topic!

Hopefully this is in the right forum but there is really no clear cut topic for the situation me & my business partner are in.In April of 2012 me & my best friend, who is also an RE agent, started our own buy & hold business with plans to do so to build a portfolio to live on when we retire.

I am currently working my 4th property and will post details for your interest in another post.Looking at 2014 I plan to purchase a couple multifamily properties to hold (currently have offers in on two duplexes) and flip 4 properties myself and partner on others.Thanks for building this great community.Don't be a stranger if you are in Indiana!

Just be careful with partnering with family/friends.

Once you find one, you might consider a partner to show you the ropes and who’s willing to sign a note with you.