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Updated almost 8 years ago,
How to Structure Fourplex Purchase
Hi BP, my brother and I are in the process of trying to purchase a fourplex. I can provide (most of) the downpayment but I need his income to qualify for the purchase. Essentially, we both need each other to be able to buy the property but one hitch, he can't/doesn't want the debt associated with his name, at least in a year from now when he goes to purchase his own primary residence.
Any ideas how we can structure this purchase? Any ideas are appreciated