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All Forum Posts by: Jacob Youngberg

Jacob Youngberg has started 1 posts and replied 2 times.

Starting Out

Post: Buy and Hold Partnership

Jacob Youngberg
Pro Member
Posted
  • Posts 2
  • Votes 0

@Nicholas L., can you explain the big benefits I would be giving up as opposed to if I saved and purchased a property with my own capital?

0 Votes
Starting Out

Post: Buy and Hold Partnership

Jacob Youngberg
Pro Member
Posted
  • Posts 2
  • Votes 0

Hi All,

I am currently working to get into a house hacking situation where I would purchase a multi-family property and live in one unit while renting the others. My issue is I live in Santa Barbara and am struggling to raise enough capital to place a down payment and cover unforeseen expenses as a landlord. Therefore, I am looking to partner with someone I know in the area who could help. I want to bring them in with the understanding that I will eventually buy them out of the property. What is the best way to structure a deal of this nature?

0 Votes