Updated over 7 years ago on . Most recent reply
Creative Investing Cash Offer
I have a situation that I was hoping for some advice on. I have just started a real estate LLC with a business partner last year. We have accumulated two single unit properties. We were brainstorming how we could find financing for a third since we've found another property that's to our liking.
My actual partner wants to get involved and his father loaned him a large sum of money. However, he would like to keep the house in his name until the house is paid off. Then would transfer over to the company once his father is paid back in full. I don't know if this is actually investing in our business or not. Is there anything creative that would be an actual investment in the LLC and limit the liability on the investor?