Changing partners mid deal

[Matt Taschner]

Hello fellow BPers,  I am in the last stage of getting approval from the sellers bank on a short sale.  My current partner and I are not seeing eye to eye on renovations needed on our rehab business so I feel it is time go a different direction.  We have successfully completed 2 flips even though we have not always been on the same page.  Has anyone had any experience changing the name of the 2nd investor on the purchase agreement?  My lender and agent are looking into this for me but I was wondering if anyone has done something like this.  Thanks in advance.

[Matt Taschner]

Thanks @Peter MacKercher it is too bad because we get along great but when it comes to changing out old to increase value he is not always on board.  Even when it is obvious.  Just because he has golden oak everywhere in his house does not translate into that is how the market is trending.  It definitely pays to do your research on comps both active and sold and not by what you see when you get up in the morning.  Lesson learned.