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Updated about 9 years ago on . Most recent reply

User Stats

20
Posts
2
Votes
Bill Campbell
  • North Kingstown, RI
2
Votes |
20
Posts

Structuring a partnership correctly

Bill Campbell
  • North Kingstown, RI
Posted

Recently, I have been talking to a partner for a buy and hold deal. It would be a 50/50 partnership and my partner would be obtaining the mortgage from the bank. I read that we are suppose to put both our names on the deed, but I was wondering if their were any other documents that both our names should be put on. Also, if we should create a LLC to put the property under.

Thank you in advance,

Bill

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