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Can a limited partnership have multiple limited partners?

I'm looking for a partnership type that will allow for multiple parties to invest (potentially different amounts of money) in real estate projects. I'm in real estate development and have my own (currently inactive) LLC. I've heard of builders initiating a single LLC with a partner, then dissolving the LLC after the real estate project sells.

Investing, Real Estate
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October 2017

Yes, a Partnership can have multiple partners and can vary by percentage based upon different invested capital or other criteria.

Hope this helps and best of luck, 

Best of luck, Dan Stewart CFA®

October 2017
October 2017