Updated almost 10 years ago on . Most recent reply
Vesting/Ownership of a commercial property with a partner
Hi There-I'm writing an offer on a commercial property with a partner. It's a 2,200 sq ft restaurant. We offered $375k and sellers countered with $440k. Gross rent will be $4k monthly. What is the best way to vest the property for a partnership? LLC etc. I have never purchased a commercial property or a property with anyone other than my spouse. Any suggestion about a partnership would be much appreciated and commercial property in general.