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Updated over 3 years ago, 08/04/2021

T.J. Isaacs's profile image
T.J. Isaacs's profile image
T.J. Isaacs
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  • Member since Aug 31, 2020
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T.J. Isaacs's profile image
T.J. Isaacs's profile image
T.J. Isaacs
Pro Member
  • Member since Aug 31, 2020
Connect
T.J. Isaacs
Pro Member
6
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17
Posts
Buying & Selling Real Estate

Down payment for Niece

T.J. Isaacs
Pro Member
Posted

My wife and I are considering loaning our niece a down payment on a house, where she could get an FHA loan. She would then live in and rent out to other roommates. Our thought is we would offer her a 50-50 partnership with us. Once purchased, would you do a quick deed claim into an LLC? After a year or two, refinance into a a standard mortgage?

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