Pooling Capital for RE
I am wondering if anyone here has pooled capital with others to enter a real estate deal. I am trying to figure out the best structure in a situation where others provide capital (down payment) but they are silent partners and I am managing the property, taking on the mortgage and doing the work. I was thinking about doing an LP structure where the silent partners were limited partners and I was the general partner? Has anyone done this before who can advise on the best route to take?