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Updated over 6 years ago,
Advice on structuring a SFH deal in San Diego
Hi all,
My brother in law is in the navy and just got orders to relocate. They’ll be moving out of San Diego and selling their house.
I really want to buy their home and turn it into a rental but I don’t have the capital. What I’d like to do is structure a deal where they cut me a deal on it and maintain partial ownership. Or another possibility would be partnering with someone to assume the loan on the house and pay them the difference between an agreed market price and what they owe.
What’s the best way to structure an offer like this? All thoughts and recommendations appreciated.
Thank you
Ali