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Updated about 7 years ago,

User Stats

8
Posts
2
Votes
Joe Martin
  • Investor
  • San Antonio, TX
2
Votes |
8
Posts

Trust or LLC for multiple Investors

Joe Martin
  • Investor
  • San Antonio, TX
Posted
I have a couple of investors that want to participate in a flip with me. I want to provide them collateral which would be the property. Does it make since to structure this in a trust with me as trustee and investors as beneficiaries based on percentages invested? Or do I create an LLC just for this property and have investors lend the LLC the money. Investors will get 12% interest only payments until property is sold and then principal is returned. Trying to come up with a creative way to do this and am open to any ideas.

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