Updated 5 months ago on . Most recent reply

Purchase the LLC or the property alone
Good Morning,
I'm working with an investor (family) who owns
raw land within an LLC. We were going to partner together on it where I
build and run a STR on it. Now, moving forward he offered for us to take
it over completely. I want to know is it more cost effective or easier
to purchase the property alone and put it in a mortgage in our name or
purchase the LLC from him that holds the property within it.
Any information is greatly appreciated! This is uncharted territory for both of us.
Thank you!