Purchase price: $210,000 Cash invested: $50,000 Purchased this one in a partnership with my father.

So I have bought my first 3 properties in the last year all with partnerships and different loan structures.

Since this is my first Partnership situation, does anyone have any real-life experience with these types of Partnerships and how it’s worked out for you?

I'd like to have a partnership be more organic/symbiotic, where we actually partner and maybe I do more of the sweat work, market research, find the deal, underwrite, negotiate and paperwork, then do asset management and see business plan through(wanting to do value add) and the mentor just be more a bird on my shoulder watching over me and guiding me.

Hi - I am seeking legal advise on how to setup JV's and to understand tax implications when partnership is dissolved.  

You can also never add more funds to that partnership in the future to my understanding.

If you can find great deals, there will be funds for those deals either through hard money, private money, partnerships, or investors, even with a less than stellar FICO score. 

• Initial contract price $73.5M• Recapitalized existing partnership of ABC Inc and XYZ Equities, who is remaining inthe deal as a 10% JV partner• Lender – Truist Bank, $52.0M senior loan (67.3% LTC), L+175 (rate)• Equity commitment $21.5M• 14.6% projected underwritten net IRR• 2.37x projected underwritten equity multiple 

Since partnerships are like a marriage in a way, you don’t want to jump in after meeting for the first time or after a few text exchanges or emails.

If you have a great deal, then there is financing out there whether through hard money, private money, partnerships, and/or investors.