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Updated over 8 years ago on . Most recent reply
Splitting a Multi-Family With Your Sibling
Hi all,
I am currently looking into multi-families with my brother in the Milwaukee market. I currently reside here and would be living in one unit while we rent out the other. My brother lives out in Seattle, and is more just interested in the investment opportunity. Going in together also extends our budget into a range where we can find a more solid place without some of the concerns I was seeing when I was looking solo.
I was wondering if anybody has experience going in on a place with a family member, and if you can offer us any tips and tricks on splitting a property 50/50.
Thanks in advance for your help!