Since he is using text messages its nothing binding but it helps him keep track of who has offered what.My recommendation see if you can get a sit down meeting with him for coffee. 

My personal favorite structure is property owned by a trust; beneficial interest in the trust held by multi and/or single member LLC's; then you can get real creative on who owns the membership in the LLC's.

Plans are in the works to convert, remodel, into multi-family and lease out for long term hold.

Hello All,I am a property investor with several multi-family properties in other states and am looking to expand into Texas.

Hello I have been feeling a bit uninspired lately by the multi family inventory and prices currently on the Anchorage market.

Hello dear BPers,I just landed a large multi family in Baton Rouge and will need local council. 

6% is a little high....but without anyone knowing your debt to income ratio, your credit score, whether it is a multi or single, what your ltv on the loan is, its impossible to say. 25% down with a low dti and high credit score is going to be about 5.5% right now. 

Hello Everyone, What type of multi family software does everyone use to manage multi families effectively.

Hello BPers, Looking for thoughts on buying a 16-unit multi-family property which was recently fully rehabbed and 100% vacant at this point.

It sounds like the multi-family approach could work well for you.