G'day guys.... I may have an opportunity to purchase my first IP. My brother has said he can come up with the deposit if I service the loan - so it's a shared purchase. I will be living in the property with my family.
I was wondering who I need to go to to get something legal drawn up, so that if I move out and start renting it out, or I sell it, we have a fair and legal agreement to refer to - stating what percentage of earnings or profit will go to each party and so on.
Thanks for your advice!
I was wondering who I need to go to to get something legal drawn up, so that if I move out and start renting it out, or I sell it, we have a fair and legal agreement to refer to - stating what percentage of earnings or profit will go to each party and so on.
Thanks for your advice!