@Colleen Sutherland Congrats on your first house hack, sounds like you're already learning a lot about ownership in properties and looking for your next deal.

I’d suggest drafting a solid agreement upfront that covers everything—ownership percentage, costs (mortgage, repairs, utilities), how profit is split, and even exit strategies if one of you wants out.

Hello, Steve Schmidt, selling a partial note can be a great way to generate some immediate cash flow while retaining ownership of the remaining note balance.

Again, there is a value that should possibly be compensated if their names are not going on the mortgage but they are splitting ownership and other benefits (IMHO).There are probably a number of other easily overlooked items to consider.  

Its part of home ownership. 5.

Does anyone have experience owning a laundromat? Including financing strategies and cost of operating. Maintenance, the life cycle of commercial W/D, and the cost of converting from coin-op to debit card operated? 

For the most current ownership info and sales history in Cumberland County, try the Recorder of Deeds Office—this is where you’ll find detailed property transaction records, accessible online through a service called Landex on their website.

In twilight's grip, you hold the key,Yet ownership eludes decree.Payments made along the way,Until the final due we pay.An agreement shrouded till the end,What shadowed deal do we attend?"

They are capped during ownership but uncap upon sale. 

Government is nailing property managers to the wall in a bold move to control financial crimes.BOI is yet another Federal program, “Beneficial Ownership Information.”The BOI program, a key tool in the fight against financial crimes, requires every business to document it’s 'Beneficial Owners.’