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Updated over 5 years ago,

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4
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0
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Jorden Glasco
  • Rental Property Investor
0
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4
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How to split properties with business partners

Jorden Glasco
  • Rental Property Investor
Posted

2 friends and myself are wanting to start investing in real estate, but we are posed with the question of how to evenly split the finances that go into our properties.

We've thought about promissory notes, starting a "corporation" and getting loans under that corporation rather than under us as individuals, or each person takes turns paying for the properties (although that may not work because we are planning on using the BRRRR strategy).

Do you have any ideas as to how we could evenly split up the payments for properties?

Thank you!

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