Rehabbing & House Flipping
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago,
Can you put 2 LLCs on a purchase agreement?
I have been talking with friends in the real estate space about housing flipping. Many are interested in partnering. However for liability reasons I don't want to flip without a LLC.
Am I able to buy under my LLC and they buy with their LLC so both our LLCs own the flip jointly? I would like to avoid starting a LLC with the person if possible. How do you structure partnerships on paper?