Buying Property With a Friend

[Michael P.]

Question is, since we will be utilizing BRRR, it would be ideal for us to purchase in our name I presume. Then if we have 2-3 properties under us, we can form an LLC? Feedback is much appreciated.

Its about if the home deed is under 1 persons name, the other person even though friends for 20 years, should feel 100% in the game, and name on all things.

[Michael P.]

Originally posted by @Jessica Zolotorofe:

Hi @Michael P. I do agree. Definitely an entity and I would make sure you have a really good operating agreement so you don't end up not-friends with big legal bills later. There is a lot to consider. Happy to discuss everything further if you'd like to send me a message or email.

Best of luck!

 Thanks Jessica, If i move forward I will reach out.