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Updated about 10 years ago on . Most recent reply

Mark Paskach's profile image
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Mark Paskach
  • Inspector
  • from Lake Worth, FL
  • Member since Feb 3, 2015
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Mark Paskach's profile image
Mark Paskach's profile image
Mark Paskach
  • Inspector
  • from Lake Worth, FL
  • Member since Feb 3, 2015
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Mark Paskach
  • Inspector
  • Lake Worth, FL
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Real Estate Deal Analysis & Advice

Buy out 2 siblings and use property for investment

Mark Paskach
  • Inspector
  • Lake Worth, FL
Posted

my wife owns a home with her brother and sister. Neither of them can afford to help pay taxes... ins.. or upkeep.  We want to buy them out and use property for buy and hold rental.  It needs some work. There is no debt on the property. This would be our first investment property.  Do we need to set up an llc... just looking for suggestions.  

Thank you in advance

Mark

  • Mark Paskach
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