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Updated over 9 years ago,
Adding partner to llc ? Start a new one or add to original ? Partner needs to be on deed
Have a partner with much stronger credit than mine , I own current property outright but need to pull money out of it for rehab .Was told he needs to be on deed to get loan. What do you think the best way to go about this ? Can I add him to my llc , sell him partnership-paper only ,start new llc , start new llc to absorb other llc ? Etc. Any advice welcomed and appreciated
Thanks
Chris