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50/50 land purchase???
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Teeshirtfarmer
Posted 3/26/2015 21:40 (#4479312 - in reply to #4469339)
Subject: RE: 50/50 land purchase???


Semo
paul the original - 3/22/2015 11:10

I don't know.

Is this a 50-50 undivided deal?

Exit strategy is the most important deal. With it being undivided, one side selling out or wanting to force a sell out or going bankrupt or etc makes a very, very messy land ownership.

Paul
À




I remember talking to a guy one time and said he was in partners on an apartment building. They had some problems and he told him to name his price, then he said he would decide if he was buying or selling.
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