Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$39.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

1
Posts
0
Votes
Nathan Gormley
Pro Member
0
Votes |
1
Posts

Best way to structure a partnership in rental properties

Nathan Gormley
Pro Member
Posted

Myself, Father, and Brother in law want to to begin buying rental properties and possibly a few fix and flips. We want to use as much of the banks money as possible. What is the best way to do this? All 3 of us need to be on the mortgage with a conventional loan? Use a hard money lender and our own money for the rehab and then refi in our names? Can the property be held by an LLC that all 3 of us are memebers of? So many questions. Any help is appreciated

User Stats

26,738
Posts
39,454
Votes
Nathan Gesner
Agent
  • Real Estate Broker
  • Cody, WY
39,454
Votes |
26,738
Posts
Nathan Gesner
Agent
  • Real Estate Broker
  • Cody, WY
ModeratorReplied
Quote from @Nathan Gormley:

There's too much to explain in a single post. You should schedule a sit-down with a lender where all three of you can ask questions and hear the same answers. Then sit down with an attorney and talk about structuring your partnership.


  • Property Manager Wyoming (#12599)

American West Realty & Management Logo