Financing strategies with a partner

[Soniel Estime]

My partner and I have about 50k each to invest. I have never financed a deal with a partner before.

What are a few creative or conventional financing strategies to Buy and hold/ flip when you have a partner or two.

What are some pitfalls I may need to look out for when implementing some of these strategies?

[Alex Uman]

You could start a joint LLC to utilize for financing, split all contributions and profits 50/50. Have some sort of verbiage in your articles of formation stating its a 50/50 partnership.