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THE PARTNERSHIP BLEW UP MID-REHAB. THE HOUSE DIDN'T CARE.
Two partners. One deal. Halfway through the rehab, the partnership ended. It happens more than anyone admits in this business. One partner brought the capital. The other brought the construction expertise and the license, he was the contractor and the agent. Classic money-plus-sweat structure. Then they disagreed, and they split. Mid-project. Think about what that means for a second. The capital partner had real money in the deal and every reason to finish it. What he did not
Aug 122 min read
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