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Updated about 8 years ago,
Partnership for a deal
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