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Michael Sears's profile image
Michael Sears's profile image
Michael Sears
  • Investor
  • from Atlanta, GA
  • Member since Aug 28, 2015

User Stats

7
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1
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Michael Sears's profile image
Michael Sears's profile image
Michael Sears
  • Investor
  • from Atlanta, GA
  • Member since Aug 28, 2015
Michael Sears
  • Investor
  • Atlanta, GA
1
Votes |
7
Posts
Real Estate Deal Analysis & Advice

How Can I Protect Myself in a Partnership?

Michael Sears
  • Investor
  • Atlanta, GA
Posted

Hi BP,

I am partnering on a flip with an investor. He will provide the money and I will manage the rehab. He uses a line of credit with the bank and pays 5% on the borrowed funds. I am wondering how to protect myself in this partnership? Should we form an LLC? Do I have to be put on title?

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