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Updated over 1 year ago,
NEED ADVICE: Want Out of Multifamily Deal
Hello all,
I'm looking to get out of a 5-unit multifamily property my business partner and I have. We have a 50/50 partnership under our LLC. I want to take my portion and diversify into other properties and he wants to hold. He is not willing to buy me out based on the fair market value of the property and so I'm a bit stuck.
What are some creative ways I can get out of the deal that would be a win-win for both parties?
Cheers!