Account Closed
Partnership Structure
Hi,New to BP. Multi-family owner starting first flip project.My question is on the structuring of my partnership.I am related to my partner and he is also a Realtor? How should the commission he makes be handled?Shoul...
Account Closed
Family Partnership
Family PartnershipIt works for the Girl Scouts; find the money you need by looking to friends and family .First, design an Investment Proposal including a narrative about the transaction, your intent, the capital requ...
Derrick Lu
Partnership mortgages
I'm looking to put an offer on another property and one of my friends is willing to put the mortgage under his name (he's been pre approved for 200k). Has anyone bought a house without being on the mortgage? I heard...
Dorothea Anderson
LLC Partnerships
Greetings BP family!I am partnering with someone on my first flip deal. (Yippie!!! ) We have both created our own LLC's. We are, both, newbies to this business and I am wondering if we have to form an LLC together to ...
Andrew Jervis
Partnership Financing
Hello All,I have recently teamed up with two other people to form a partnership pursuing MFH in the Philadelphia area. Originally, we thought it would be best to form an LLC, but after consulting with a few local inve...
Adam Shindler
Partnership Advise
Here is where I'm at:I have raised capital and have an excellent credit score, however, because I do not have a W-2 job or 2 years of self employment under my belt, I cannot secure a conventional loan. Portfolio lend...
Wendy Hernandez
Group partnership: :
How do you divide the profit if its a group of 4 ?How do you file the taxes? The LLC would be shared amongst all? Im new to all this and want to understand these things to go over it with my group.
James Moran
Partnership structure
I'm looking to start a partnership with a friend that has a good remodeling/renovation history and I've seen his incredible work. He has very little money to invest but will be managing the renovations and doing most...
Eden Safdie
PARTNERSHIP CONCERNS
Hey All,Ive got this deal i'm looking to structure with a partner. Its our first investment, and were going 50/50. Were going into a "C" class neighborhood and the numbers are as follows:Purchase Price: 39KRent: 850 /...
Ken Hipp
Partnership agreements
@Jon Holdman, would you recommend some type of "Partner Agreement"? is there something out there...general contract form a lay person could write up and have hold up in court? ps love this site!