If the property makes sense, I would probably by title as joint tenants with % ownership listed and have a JV agreement for this specific property.  

H) A 10 percent owner, officer, director, or highly compensated employee of C, D, E, or G, I) A 10 percent or more partner or joint venturer of a person described in C, D, E, or G.

Are the three owners joint tenants or tenants in common?

I have healthy cash flow and perfect credit.

Here is an excerpt from @Clint Coons regarding the due-on-sale clausehttp://www.alglaw.com/service/view/land_trustsWith respect to a real property loan secured by a lien on residential real property containing less than five dwelling units, including a lien on the stock allocated to a dwelling unit in a cooperative housing corporation, or on a residential manufactured home, a lender may NOT exercise its option pursuant to a due-on-sale clause upon:(1) the creation of a lien or other encumbrance subordinate to the lender's security instrument which does not relate to a transfer of rights of occupancy in the property;(2) the creation of a purchase money security interest for household appliances;(3) a transfer by devise, descent, or operation of law on the death of a joint tenant or tenant by the entirety;(4) the granting of a leasehold interest of three years or less not containing an option to purchase;(5) a transfer to a relative resulting from the death of a borrower;(6) a transfer where the spouse or children of the borrower become an owner of the property;(7) a transfer resulting from a decree of a dissolution of marriage, legal separation agreement, or from an incidental property settlement agreement, by which the spouse of the borrower becomes an owner of the property;(8) a transfer into an inter-vivos trust in which the borrower is and remains a beneficiary and which does not relate to a transfer of rights of occupancy in the property; or(9) any other transfer or disposition described in regulations prescribed by the Federal Home Loan Bank Board.So, like K.

In my market condo conversion is the major exit strategy for renting, so when that happens many years down the road I will sell as condos (but market as single families) with similarly very small condo fees to cover the small number of joint expenses.

Any asbestos in that drywall joint compound?

Myself and a partner are looking at buying an investment property. My job is finding the deal, dealing with the realtor or seller and conducting all the due dilgence. If we proceed with the purchase of the property t...

After church this morning, my son and wife are taking me to Kincaid's (local legendary hamburger joint).

To me this seems like a very simple problem that can be resolved in a week, the only glitch I see on the table is what are the uncles true intentions. joint tenancy's are are easy to break if uncle is not really into the 50-50 split game and your mother can give you POA or place her share in a trust that passes to you when she dies..