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Updated almost 8 years ago,
Ohio HUD Syndication
Hoping to get some feedback on my situation.
2 friends and I have located a 4 unit HUD property in Ohio we would like to purchase. One of my friends is planning on being the owner occupant which is necessary in this case due to it being a HUD listing. I'd like some suggestions on how myself and the 3rd investor can be included in this deal by contributing funds for down payment/rehabbing without forfeiting the owner occupant offer status and still be legally documented as part owners of the property.
Thanks!