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Updated about 3 years ago on . Most recent reply

User Stats

9
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3
Votes
Aaron Signore
3
Votes |
9
Posts

Building a 6 Unit Building with a partner

Aaron Signore
Posted

Hi All! Just looking for some advice. I have a plot of land that I would like to build a 6 unit building on right in the center of town, but I would like to bring on a financial partner. Has anyone done something like this and how did you split up the costs/responsibilities?

Most Popular Reply

User Stats

9
Posts
3
Votes
Aaron Signore
3
Votes |
9
Posts
Aaron Signore
Replied

Hi @Adam Lacey! This is located in Sanford, ME. I bought a duplex on a double lot and want to utilize the space in the other lot, but have no money. My hope is to split the deal with someone and take care of all the property management stuff because it will be so close to my house. 

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