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Goals, Business Plans & Entities

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Charles Fletcher
  • Houston, TX
23
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71
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Starting a Partnership, partner has a lot more capital.

Charles Fletcher
  • Houston, TX
Posted Feb 8 2016, 13:51

I already own some property, my partner does not, but he has about twice the liquid capital that I do. I was going refinance one of my investment properties to add cash to the partnership, but in doing so can I put that property into the partnership and consider the equity in the property as a contribution? Would you accept that if you were the cash heavy end of the partnership?