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Updated almost 4 years ago on . Most recent reply

User Stats

57
Posts
41
Votes
Joseph Vu
  • Investor
  • Oakland, CA
41
Votes |
57
Posts

partnering with 0 cash

Joseph Vu
  • Investor
  • Oakland, CA
Posted

So I found a great deal and my brother wants to partner up with me by putting up the funds for the down payment. I will not be putting in any cash for this deal. 

He does not want to create an LLC or structure some sort of partnership.

The loan will be under my name, but we will both be on title. Profits will be split 50/50.

May I get an opinion on this?

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