Why would I need a business partner? Jordan Brewer
A business partner is essential to have if the borrower:
Does not meet the credit or background requirements for the loan
Does not have previous fix-and-flip experience
Does not have the funds for cash-to-close.
Therefore, if you have poor credit, no experience, and need some gap financing, a business partner would be the best asset for you to qualify for the hard money loan.
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