Partnership contracts for Rental

1 Reply

I came across a deal on an off market estate property on my street. Currently I do not have access to funds or financing to do the deal alone. One of my neighbors who is a good friend is willing to partner with me for a buy and hold. What contracts or set up is recommended to make sure we are both covered? I am located in Houston Tx.

Thank You!

Hello, that is a great question. I would recommend getting with a real estate lawyer to draft up a small one page agreement where both you and your friend can sign. That way everyone is one the same page. I can message you the contact information of one.