How He's Financing Rentals With Partners With Dave Spooner (Ep 467)

Join us as we explore the ins and outs of financing, legal structures, and the advantages and disadvantages of buying rentals with partners.On this episode, we talk about their decision to operate under an LLC or as individuals to build their portfolio.We also talk about how they used an FHA 203k loans, a powerful tool to buy and rehab properties with a small down payment.Dave and his partners have come up with a unique way to make sure they can continue to buy rentals even if one member of the partnership can't afford it at that particular time.We also talk about what they are doing with the monthly cash flow, and how they are managing their properties.https://rentalincomepodcast.com/episode467