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Updated about 2 years ago on . Most recent reply
Investor investing together on multifamily. LLP? LLC? other?
How's it work when you have investors help buy a property?
create an LLP or LLC and the down payment percentages is the percent of ownership which is used for the same percentages on the distributions?
How's the bank look at that when you have several investors applying for a loan?
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Greg Scott
#2 Managing Your Property Contributor
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#2 Managing Your Property Contributor
- Rental Property Investor
- SE Michigan
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Greg Scott
#2 Managing Your Property Contributor
Pro Member
#2 Managing Your Property Contributor
- Rental Property Investor
- SE Michigan
Before you do anything illegal, talk to an SEC attorney. You have probably created a security with the structure you are proposing so will need a PPM to put together a syndication.