I have found a partner for real estate investing. Our area is rural and poor but cash flow is good. I found a foreclosed house for 39k. If we split it 50/50...I have researched and he will put in the money for closing...
Help...About to buy a flip with a friend 50/50 split of profit. He is going to buy it as his personal property with the intent of selling it 6 months after purchasing. If he sells it in his name ( pays short term capi...
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Hi, I'm working on a flip project and brought on a few friends as equity investors and will be taking ownership of the property in an LLC. I'm working with a hard money lender who already approved me but will need to ...
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Hi everyone,I've been thinking of partnering with a contractor that's done good work for me in the past. I might use him for some flips and maybe some buy and hold. I would be finding the properties and providing the ...
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Good day Bigger Pockets Community!My name is Rick Ricker and I just wanted to introduce myself to the community. I am a new investor living in the Lawrenceville, GA area and am studying/prospecting daily in search of...
My experience as a Wholesaler has given me the ability to find great deals. I'm looking to expand and begin rehabbing. Without using friends or family, where do you to find private lenders or other investors willin...
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Hey BP,
Quick question. How does a contract work when you partner with someone. Like when they bring cash or credit to the deal. Is it a whole different contract? Is is put in the purchase agreement?
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I'm in a very strong position to invest. My boots on the ground partner is able to invest in gross numbers but I don't believe will get as strong financing terms as I will since he makes much less money than I do and...
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Hi guys! I am doing a flip with a friend of mine. This is my first time using a partner, (but not my first flip) and have a few questions. She provided the cash to purchase the house, we put it in her name, and I wil...
1031 Experts. Couldn't find an answer to this question and I have listened to Bigger Pockets podcast for a while. Anyone know if I sell a real estate property, can I take the money I earn and invest it with partners...