Investing With Partners Part 3

Today we conclude this series on
Investing with Parners with the final
3rd scenario.

The third scenario is where you partner
with one or more investors for not just
one, but a number of property deals. Such
a partnership is based not so much on sharing
the burden of financing or the risk of the
investment, but on the opportunity to benefit
from shared skills, knowledge and efforts,
which, over time, is likely to yield greater
profits from a larger number of deals.

Where you are not providing much or any of
the finance for a deal, your partners will
finance the deals using either their own
resources or borrowings based on their individual
income and credit standings. Your contribution
is essentially the work you put in. The deal
may be "split" in a number of ways - equally,
in your favor, or in the favor of your partner(s).
Just be sure to consult an attorney to prepare
all the required legal documentation to establish
the partnership. For example, you will generally
want it to be limited liability partnership where
each partner's liability and share of profits are
specifically defined and limited. The agreement
should also detail each partner's rights and
responsibilities, and the process for resolving
any disputes.

Whether you partner with other investors out of
necessity or choice, you may find that by working
with others, you can get involved in pre-foreclosure
investing much faster, be able to do more deals,
and generate more profits.

I hope the emails over the last couple of days
have been helpful. If you have missed any of the
first 2 parts of this email, please go to my blog at
http://foreclosurespotlight.blogspot.com/

I hope you have a great weekend and as always please
check out my website for more detailed information at
www.foreclosurespotlight.com

Rosanne Cellini