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Updated about 6 years ago,
How to form partnership LLC
Hi,
My partner and myself want to start a real estate business where we both are 50% shareholders in the business. We wanted to buy a property where my partner is putting 50% cash (which will server as down payment) and I want to get loan on my part 50%. I want loan to be on my name and title on our shared LLC name. When I apply to banks/credit, they are not buying/agreeing on it. How can we achieve this goal? Please share other strategies that we can follow in such situations?