All Forum Posts by: Frances Martinez
Frances Martinez has started 1 posts and replied 2 times.
Post: How to structure money partners
Frances MartinezPosted
- Posts 2
- Votes 1
Guys, this is AMAZING advice!! Thank you all so much!
Post: How to structure money partners
Frances MartinezPosted
- Posts 2
- Votes 1
Hey guys. I am doing a new construction flip in Atlanta Georgia and I have a few passive, money partners that want to invest with me, mostly a few coworkers and a family member. I would like to pay them a preferred interest rate on their money and a small bonus ($1000-$5000) at the end of the flip based on what they put in. I have no idea how that should be structured? I'm pooling funds and making all of the investment decisions. Am I looking at a real estate syndication or some sort of partnership LLC? How much should I expect to pay to set up a syndication?