Dear shared wisdom of BP,I'd obviously like to talk to my attorney and account before I do anything, but I thought I'd ask the question before potentially wasting my time (and money) talking to them.I'm going to check...
Hi all,Back in 2004, my brother and I acquired a rental property. We split it 50/50 and continue to this day. We aren’t structured as a partnership or LLC, just two bros who bought a house together.Fast forward to tod...
I own a few long term rental properties. The titles are held by a sole proprietorship LLC for which I am a 100% owner. ( the LLC does not have a tax ID, i use my SSN)
My brother is investing with me now. He has pa...
I have run the numbers on this concept and it seems like it could be a solid option for vacation rentals. The idea is you get 5 buyers to put 20% cash in, which seems like you would make less but when you account for...
I'm currently reading "Multi-Family Millions" by David Lindahl and he mentions an interesting no money down strategy. I am wondering if anyone has tried this or if lenders will agree to this sort of arrangement:1) Sel...
Aloha & Happy New Year,
I have an opportunity to buy into a shared condo. Condo is split with 2 1bd/1ba on each side. I want to buy out one of the sisters that currently own it. They one sister cannot afford the ...
Hi everyone.I am in the early stages of selling my home and before I listed it, I just wanted to be sure of the following.My sister and I inherited my mother's home at 50% each. My sister ended up not wanting to conti...
Hello everyone, I am currently working on a STR deal with another investor. They will be bringing all of the money needed to the table and asked me to manage the property. He doesn’t want to have to deal with the mana...
I am in the process of buying my fourth unit but this situation is a new one for me!I am purchasing a four bedroom house that will be used as shared housing for veterans. Each veteran will have their own bedroom but s...
TL;DR -- how transfer 50% ownership of my rental properties to my brother? The properties are financed by me and are Fannie May loans.
I'm trying to figure out how I can have me and my brother on the title as 50% own...