All Forum Posts by: Kris Schwartz

Thank you so much, Diego. I appreciate you taking the time to reply. 

Thank you very much for taking the time to reply. I appreciate your input.

Seeking advice on how to formalize an agreement with a partner to flip a house together and how to hold title assuming that we would not be creating an LLC until after a "trial period". What documents would you require before you contributed funds in any amount?

Quick searches include terms like Joint Venture and Contractual Agreement. Is this something we draft ourselves including outlining roles and responsibilities, are there templates out there to use, or should we hire an attorney? What am I missing that needs to be considered? 

One additional detail, what if one of the partners has and existing LLC and the other does not?

Thank you for your insight!
 

Awesome. How many months did you hold it before the refi?