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All Forum Posts by: Ahmad Stokes

Ahmad Stokes has started 8 posts and replied 15 times.

Post: 2 LLCs purchasing 1 property using HML

Ahmad Stokes
Pro Member
Posted
  • Investor
  • Atlanta
  • Posts 19
  • Votes 7
Quote from @Mike Klarman:

I've done this many times. It's kinda like a JV agreement. Both managers of the LLC's go on the app as a guarantor.


 who do you normally use?

Post: 2 LLCs purchasing 1 property using HML

Ahmad Stokes
Pro Member
Posted
  • Investor
  • Atlanta
  • Posts 19
  • Votes 7

How does that make it easier? Any insight is helpful. 

Utimately, we are two different/people businesses doing work together. 

Post: 2 LLCs purchasing 1 property using HML

Ahmad Stokes
Pro Member
Posted
  • Investor
  • Atlanta
  • Posts 19
  • Votes 7

Will a hard money lender lend to two separate LLCs that have decided to purchase the same property? I'm going into business with someone and we both have our separate LLCs. We decided to work together but wanted to know whether or not hard money lenders can have two LLCs on one contract.

Post: looking to connect with real estate attorney/cpa for partnership

Ahmad Stokes
Pro Member
Posted
  • Investor
  • Atlanta
  • Posts 19
  • Votes 7

I am starting the process for OOS investing with partners. Looking to connect with attorney and CPA on the structuring of LLC and Agreements. Thank you

Post: New RE investor in Atlanta area

Ahmad Stokes
Pro Member
Posted
  • Investor
  • Atlanta
  • Posts 19
  • Votes 7

looking to connect with experienced investors, PM,GCs, etc