Potential Partnership Questions

2 Replies

I am currently looking to purchase my 1st Biy and Hold Property and I have the opportunity to partner with someone who is willing to put down the entire Downpayment. The downfall is that this persons only real estate experience is loaning money to flippers.

The potential partner wants 1/2 of the cash flow monthly and upon selling the property they would want their downpayment back plus 1/2 the profits. This I understand is not a good deal but I know I can negotiate as Brandon has stated many times the norm can be 50/ 50 split. What are some techniques people have used to help non investors or family understand the different strategies and their returns? 


The engineer in me wants to do a 1 pager with quotes from industry examples and a example with numbers to emphasis the differences. :)

Originally posted by @Dominique Ross :

The engineer in me wants to do a 1 pager with quotes from industry examples and a example with numbers to emphasis the differences. :)


I think you should do just that, or whatever you can to show your value in the partnership. I was in a similar situation and decided not to pursue the partnership because we couldn't agree on the terms.