Updated about 6 years ago on . Most recent reply
What's a typical split for a partnerhip?
What is a typical split for a partnership where 1 party is financing the entire operation & the other party is managing it?
The goal is to BRRR a ~2K sq ft duplex. To be more specific, we're not necessarily looking for one that needs a rehab, a unit that requires cosmetic fixes would be great as well. We do anticipate to hold the unit.
I understand it can be whatever you decide on, just not sure what to propose to the interested party. 50/50? 70/30? (they get 70)
The goal is to BRRR a ~2K sq ft duplex. To be more specific, we're not necessarily looking for one that needs a rehab, a unit that requires cosmetic fixes would be great as well. We do anticipate to hold the unit.
I understand it can be whatever you decide on, just not sure what to propose to the interested party. 50/50? 70/30? (they get 70)