Client Case Study #1 - Partners
I have a client who invested into 20 condo's between 4 partners and put the ownership into 1 holding company.
3 years later, 1 of the partners (my client), needs to access equity.
In order to increase the mortgage, all 4 partners have to be involved in the mortgage qualification.
This creates a big head ache.
Better solution was for the group to own 5 condo's each under their own holding company.
|
|
|
|