Updated over 5 years ago on . Most recent reply
How do you structure your partnerships?
I'm looking into getting started in real estate investing. Been reading some of the content here, listening to the podcasts and also watching some youtube videos (biggerpockets, stephen graham, meetkevin). I'm still learning a ton but I wanted to know how you guys structure your partnerships. If you find an investor for a property and lets say you split it 50/50. Your investor provides the cash and you do all the work as far as finding a property, crunching the numbers, getting contractors, etc. So the obvious is starting a LLC with both of you as 50/50 but who does the mortgage go under? The investor or you? Both? On one of the podcasts I was listening to, the guest said the mortgage was under the investor but she was on the deed. Would appreciate any help on this subject and want to thank everyone in advance for taking time out of your day to read/answer this.