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Updated over 1 year ago on . Most recent reply

Christopher Lynch's profile image
Christopher Lynch's profile image
Christopher Lynch
  • from Providence, RI
  • Member since Feb 24, 2018
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81
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Christopher Lynch's profile image
Christopher Lynch's profile image
Christopher Lynch
  • from Providence, RI
  • Member since Feb 24, 2018
Connect
Christopher Lynch
  • Providence, RI
25
Votes |
81
Posts
Rehabbing & House Flipping

Can you put 2 LLCs on a purchase agreement?

Christopher Lynch
  • Providence, RI
Posted

I have been talking with friends in the real estate space about housing flipping. Many are interested in partnering. However for liability reasons I don't want to flip without a LLC.

Am I able to buy under my LLC and they buy with their LLC so both our LLCs own the flip jointly? I would like to avoid starting a LLC with the person if possible. How do you structure partnerships on paper?

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