I’m reaching out with an investment opportunity in a real estate flip project, and I’m currently seeking a limited partner to join me.With a strong track record of successful real estate investments, I am looking to partner with someone who shares an interest in capitalizing on the potential of this market.

And at what nominal price compared to the $24mil they paid in 2019? 

Why not take his name off the LLC and put it in your name now while the LLC has $0 of value (or whatever nominal amount your articles of organization or operating agreement say that you contributed)?

I doubt 10% of the GRM will equal enough to where an S filing status makes sense.The home office and such is nominal so that alone isn’t worth doing this.

General Partner is elderly fatherb.  12 Limited partners - all children , spouses not included - cheaper by the dozenc.

Have the partner make a nominal contribution on the first deal maybe 10% to your 90% and split the deal that way.

Baselane seams to be more normal for transfer/deposit limits and you can create multiple virtual accounts for each property.

I believe that financing is a great way to put your cash to work for a nominal return if you understand the business.How did you find this deal and how did you negotiate it?

Even someone of his phenomenal fortitude has limits against a dread disease.

Based on limited information that is provided, I recommend saving longer, since you are unable to house hack.