Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago on . Most recent reply

User Stats

49
Posts
10
Votes
Yinna Wang
  • Real Estate Professional
  • South Orange, NJ
10
Votes |
49
Posts

Entity Structuring Advice??

Yinna Wang
  • Real Estate Professional
  • South Orange, NJ
Posted

My fiance and I are buying a multifamily home to owner occupy. We are going 50/50 on it. However, I'm paying with my own money. And he is getting private lending. His private lender is a family member, who is proposing an entity structure that is an LLC owned 50% lender, 50% my fiance and me, with insurance and operating costs funded by lender.

This all seems quite complicated to me, so I'd like to find someone with entity structuring experience to speak to. Is there a lawyer that specializes in this? Can anyone recommend one? The house is in NJ. 

Loading replies...