PARTNERSHIPS EXAMPLE
Jacob and Sylvia want to purchase a 36-unit apartment building. Jacob has experience with renovation work and property management while his friend Sylvia brings money to the table. By partnering, they were able to purchase the apartment and Jacob began remodeling the next day to get it rent ready. By themselves, the deal would not have happened, but together they were able to find, purchase, renovate and lease out the entire building.
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