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Updated over 2 years ago, 07/07/2022

User Stats

18
Posts
15
Votes
Gerald Amasol
  • Investor
  • Kapolei, HI
15
Votes |
18
Posts

Partnering with children vs. investing on their own

Gerald Amasol
  • Investor
  • Kapolei, HI
Posted

Aloha BP!  We (mom and dad) currently have a pair of duplexes that we're closing on and originally we were trying to get one of our children to see if she could qualify for one of the duplexes on her own.  It didn't work out so now we're deciding whether or not to have her partner with us on the duplex and then eventually we'll (somehow) remove ourselves from it in the future.  The other option is to close on them as originally planned and have her continue to hunt for a property on her own.  I've never partnered with anyone before so I don't know how any of that works and would welcome input from those who are experienced in it.  Mahalo!

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