Issues to Think About When Flipping a Home with a Group of People
Our experienced Media PA Real Estate Lawyers offer customized legal solutions for a variety of litigation issues. From first time home buyers, to multi-million dollar commercial development projects, our firm will be with you every step of the way. We have law offices conveniently located in Media, Pennsylvania and New Castle, Delaware.
As an experienced Media PA Real Estate Lawyer, I am often asked about issues that could arise when you flip a home with a group of people.
- Before a group decides to flip a home, it’s important to consider whether they will form an LLC or simply operate under a partnership.
- No matter which entity is chosen, a written document should outline each party’s rights and responsibilities.
- Most importantly – choose people you know well before entering into this business relationship.
- Don’t create financial ties with anyone who’s untrustworthy or unreliable.
Are you thinking of flipping a home with a group of people? Contact dedicated Media PA Real Estate Lawyer Paul Fellman for legal guidance.
This educational video was brought to you by experienced Media PA Real Estate Lawyer Paul Fellman. Our law firm proudly represents clients throughout Delaware County, as well as Pennsylvania, the greater Philadelphia area, and New Jersey.