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Updated over 10 years ago on . Most recent reply

User Stats

52
Posts
4
Votes
Ron Czecholinski
  • Real Estate Investor
  • Asheville, NC
4
Votes |
52
Posts

Partnering agreement

Ron Czecholinski
  • Real Estate Investor
  • Asheville, NC
Posted

I am partnering with someone to convert a property into a rental. I have a personal mortgage on the property and have had input to keep the deed in my name to avoid potentially activating the due on sale clause. I would appreciate any input on how to best clarify shared equity. Does anyone have experience with structuring an LLC with property equity claims without transferring the deed into the LLC? Are there other options?

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