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Updated about 5 years ago on . Most recent reply

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Tre Jenkins
  • Investor
  • Atlanta
0
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8
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Co-Buyer Lessons & Recommendations

Tre Jenkins
  • Investor
  • Atlanta
Posted

Hey Everyone, 

I was recently pre-qualified with a friend, we're looking to put an offer down on our first property. Just wanted to see if there are any lessons or recommendations that you all have regarding buying a property with co-borrower? Did you have both your names on the property and then deed it to an LLC? Any and all feedback would be greatly appreciated here. We're looking to buy in the Atlanta area.

Sincerely, 
Tre J. 

  • Tre Jenkins
  • Most Popular Reply

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    Nicole Heasley Beitenman
    #5 Medium-Term Rentals Contributor
    • Investor
    • Youngstown, OH
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    Nicole Heasley Beitenman
    #5 Medium-Term Rentals Contributor
    • Investor
    • Youngstown, OH
    Replied

    @Tre Jenkins Do you have a lender as well? A conference call with both your lender and attorney would be wise. That way, when one gives you a piece of advice, the other can tell you if it will or won't work on their end. In a perfect world, they'll be able to collaborate and help you find solutions together. 

  • Nicole Heasley Beitenman
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