My partner and I have a corporation and would like to purchase a property with an outside party under the corporation. How do I go about doing so?
If I am understanding your question, you want the corporation to borrow with another party. Your lender will tell you exactly what they need, but they should have articles of incorporation, a borrowing resolution and a certificate of good standing. More may be required. Also, don't be surprised if you and your partner are asked to sign individually as well as under your corporate authority.
Requirements on the other party borrowing with you will vary based on the type of entity they are.
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If I am understanding your question, you want the corporation to borrow with another party. Your lender will tell you exactly what they need, but they should have articles of incorporation, a borrowing resolution and a certificate of good standing. More may be required. Also, don't be surprised if you and your partner are asked to sign individually as well as under your corporate authority.
Requirements on the other party borrowing with you will vary based on the type of entity they are.
