My question somewhat mirrors the one I have and so far I have yet to find an answer.
I realize this post was made two years ago, but how is the deal working out for you?
My biggest concerns pertain to:
-Out-of-state investing
-What stipulations are there for financing an investment property located in another state
-Deciding on whether to personally obtain the loan or do it through partnership's LLC
-If partner lives in area who is highly valuable, but currently rebuilding credit score, would they need to be involved in financing process
-When partner's credit is improved, what are the stipulations for the partnership if we decide to utilize the 3.5% FHA Loan or use the partner's VA Loan benefit to purchase a multifamily with a 203(k) loan
Any help would be greatly appreciated!
