All Forum Posts by: Chris Sisney

Hi everyone!

Where are the smaller downtown areas, that still gives you the city feel, that you'd actually want to live in? I'm looking for an area to move into and build/renovate my dream loft. 

@Chris Coleman I'm not sure what "square one" meant exactly but I'm guessing the real estate agent might have used those words to scare off using a partner. Maybe he assumes it'll take longer. My friend and I are both doing this for the first time so that's why I reached out to this community. I trust the advice here more than someone who's actually profiting off of the deal. Thanks for the advice!

Hey everyone. I've recently learned that a good friend of mine is in the process of trying to purchase a small apartment building. After talking and noticing that we have the same goals, we figured that the best course of action would be to partner up. He has already sent a letter of intent and applied for financing. He was told that once the process starts it's pretty hard to add on a partner because we'll both be back at square one. How true is this? If it's actually easier to let him continue with the process, how hard is it to partner up after the fact? I'd be bringing in half the down payment and splitting everything 50/50. Thanks in advance!