#AskBP 038: How Do I Structure a Great Real Estate Partnership?

Expertise: Landlording & Rental Properties, Personal Development, Real Estate News & Commentary, Business Management, Flipping Houses, Mortgages & Creative Financing, Real Estate Deal Analysis & Advice, Real Estate Wholesaling, Personal Finance, Real Estate Marketing, AskBP, Real Estate Investing Basics
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How Do I Structure a Great Real Estate Partnership?

Partnerships are one of the most common ways to invest in real estate, but if you set up a partnership wrong at the beginning it could spell disaster down the road. On this episode of the #AskBP Podcast, Brandon shares his best tips for creating a great (and fair) real estate partnership! Stay tuned…

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Brandon Turner is an active real estate investor, entrepreneur, writer, and co-host of the BiggerPockets Podcast. He is a nationally recognized leader in the real estate education space and has tau...
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    Brian Webb from Tri-Cities Area, Washington
    Replied almost 5 years ago
    In 50/50 partnerships like your example with your friends, where someone else provides the funds for the down payment as a silent partner while you manage and handle everything with the property, is the loan generally a joint loan between the two of you or in their name only?
    Brandon Turner Investor from Maui, HI
    Replied almost 5 years ago
    Hey Brian, Thanks for the comment! So, in the case with my friends, the loan was in JUST my partners name, but the title to the property (the deed) was in both names. Not all banks will allow this, but some do. It’s really not a problem for the bank to do this (they get the same security either way) but trying to convince a bank to do anything outside the box is always fun 🙂 Hope that helps!