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Updated about 5 years ago on . Most recent reply

User Stats

3
Posts
2
Votes
Brian Hoffman
  • Realtor
  • Cincinnati, OH
2
Votes |
3
Posts

Multiple owners of a duplex

Brian Hoffman
  • Realtor
  • Cincinnati, OH
Posted

My sister-in-law is looking to purchase her first property as her primary residence. Properties in her desired areas are too high for her to purchase on her own. I am new to real estate investing and am curious if anyone has ever purchased a duplex where 2 entities had divided ownership without converting to condos. I would be looking to rent out my unit. Other ideas on how to structure ownership? I thought about a LLC with appropriate ownership percentages. Financing?

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