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HomeForumsMulti-Family and Apartment InvestingStructuring a partnership buying long term rentals?
Brandon De La Pena's profile image
Brandon De La Pena's profile image
Brandon De La Pena
Pro Member
  • Financial Advisor
  • from Corpus Christi, TX
  • Member since Aug 3, 2022
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Brandon De La Pena's profile image
Brandon De La Pena's profile image
Brandon De La Pena
Pro Member
  • Financial Advisor
  • from Corpus Christi, TX
  • Member since Aug 3, 2022
Connect
Brandon De La Pena
Pro Member
  • Financial Advisor
  • Corpus Christi, TX
2
Votes |
7
Posts
Multi-Family and Apartment Investing

Structuring a partnership buying long term rentals?

Brandon De La Pena
Pro Member
  • Financial Advisor
  • Corpus Christi, TX
Posted May 25 2023, 13:53

Hello everyone! I am looking for multifamily deals in my area and I have enough for a downpayment on one that I found. This will be my first deal and it is all the cash I have if I buy it with a dscr loan. My thoughts were to partner with someone to split the down payment. I wanted to understand how to structure it and how to incentivize someone to partner with me. Would we split everything 50/50? Would we set up a LLC together or a JV? Any advice helps, thank you.

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