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HomeForumsGoals, Business Plans & EntitiesNewbies wondering how to structure partnership
Trysh Wahlig's profile image
Trysh Wahlig's profile image
Trysh Wahlig
  • Flipper/Rehabber
  • from Louisville, Kentucky
  • Member since Jun 10, 2016
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Trysh Wahlig's profile image
Trysh Wahlig's profile image
Trysh Wahlig
  • Flipper/Rehabber
  • from Louisville, Kentucky
  • Member since Jun 10, 2016
Connect
Trysh Wahlig
  • Flipper/Rehabber
  • Louisville, KY
4
Votes |
6
Posts
Goals, Business Plans & Entities

Newbies wondering how to structure partnership

Trysh Wahlig
  • Flipper/Rehabber
  • Louisville, KY
Posted Jan 11 2021, 18:11

Hello! We have an offer in on our first investment, yay! I have had a design consulting business before, but never in real estate and never with a partner. What's the best way to structure our business so it's equitable? Is just one person on the loan or both? On the LLC?

Any advice is greatly appreciated, thank you!

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