U cant just blame others if you never did your home work.

(Assuming you file joint taxes.) otherwise you’d both have to be on title if you file seperstely. 

So, friend bought a property cash under their name and now refinancing (cash-out refinance) the property into an LLC that is jointly owned by both of us.

And we'll still do a 50/50 split on the work we put in.Given all this, how do you think we should handle the loans, profit distribution %, and our partnership structure (tenancy in common or joint tenancy or LLC)?

I assume then if my tax status is married filing jointly, we are considered one tax payer.

Hey Louis wassup how u doing!!

The property, sold by a joint venture between JBG SMITH and PGIM for $325 million, or $588/SF, was approximately 26% below its 2019 valuation.Other examples include Lennar's acquisition of its Miami, Florida headquarters for $68 million, or $319/SF, and First Energy's purchase of its Akron, Ohio headquarters for $49 million, or $136/SF, both at substantial discounts to replacement cost.Investors pricing deals at discounts to existing debt is a parallel trend.

Developing contacts with other investors may lead to useful information, assistance, and even joint venture prospects.Examine the several financing choices that are available for buying houses, including conventional loans, FHA loans, VA loans (if appropriate), and even portfolio loans from nearby credit unions or banks.You might think about contacting mortgage brokers who focus on investment homes.

Any one buying insurance will see that when U get your fire policy that has to be at replacement costs. 

but smaller mom pop C D class sprinkle in a little B and NO THANK U