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How does the financing work when partnering on a deal? Do all partners need to be on the loan? Is it best to open an LLC (I have no experience with opening one)? How does putting in offer work with partners? Do we a...
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Hello Biggerpockets community,
I am a novice real estate investor. Currently house hacking my first property (a triplex). I have been very interested in forming a partnership due to my lack of capital to invest. I ha...
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I have a friend I am partnering with to flip some houses. I'm bringing money to the table. He is a contractor and is bringing time and expertise of handling the rehab. We plan to start with splitting profits 50/50...
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New investor with possible partner option. Possible partner is a contractor who will be working my latest deal if I can get purchased out of foreclosure. He also has flipped and recently purchased his first rental. Hi...
I have a friend who inherited a vacation property that she wants to still use occasionally but what like to also use as a short term rental. It's been almost two years and I'd like to propose a partnership where I wou...
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How many of you recommend forming a partnership to start your investing?
I've got the necessary skills and money to rehab a property to flip or rent but my main constraint is time. My job often requires me to travel ...
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How would I go about drawing up a partnership on some flips so neither one of us gets stuck with all the taxes?
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I am a currently discussing a deal with another investor and wanted to see if you guys see any potential pitfalls in the structure of this deal... My main concern is 'capital preservation' and to make sure that...
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I have a few large buy and hold properties I'm interested in and I have connections for the funding with 20% down. I don't have the 20% down but have had 1 investor mention an equity partnership and have 1 other inve...
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I have an LLC that my business partner and I own 50/50. The partnership is absolutely great as we compliment each other. I'm a Realtor, find deals, evaluate, buy, sell, find tenants, pay bills. He manages the proje...