Updated almost 2 years ago on . Most recent reply
Real Estate Partner Experience
Anyone have any experience purchasing investment properties with a partner? Things I am considering with a 50/50 split:
- LLC creation before or after purchase? Due on clause risk shouldn't be any different than transitioning my own personal property to my LLC but could be a factor
- Purchase property 50/50 as "second home", then rent out?
We'd ideally like to go after STR/LTR properties and if it goes well grow the portfolio over the next few years. Would like to year some experiences focusing on the purchasing and LLC legalities.