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Updated about 8 years ago,

User Stats

25
Posts
11
Votes
Ken Wicks
  • Property Manager
  • Atlanta, GA
11
Votes |
25
Posts

Partnership for a deal

Ken Wicks
  • Property Manager
  • Atlanta, GA
Posted

I currently have a deal in my cross hairs it's a small one that I could take on my own but I have a business partner that I would like to bring in on the loan.  We have enough cash to do the deal at a 50/50 split.  The problem that I am having is my broker is making it seem like a partnership would not allow the loan to be approved.  Is anyone else having this problem and how could you get around this? I am sure I am not the only one who wants to buy property with a partner.

Ken

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