I stumbled upon this video some time ago. In short, a group of friends bought a small apartment building using a RELP and each gets their own condo.
I thought about buying a duplex with a friend because real estate is so high in CA and then each of us live on our respective sides. Watching this video opened my eyes to a more formal way of doing this.
Has anyone had experience doing this or for a client? There are quite a few cons, but from a financial perspective it’s a huge plus.
submitted by /u/ChocolateTsar
[link] [comments]
I stumbled upon this video some time ago. In short, a group of friends bought a small apartment building using a RELP and each gets their own condo. I thought about buying a duplex with a friend because real estate is so high in CA and then each of us live on our respective sides. Watching this video opened my eyes to a more formal way of doing this. Has anyone had experience doing this or for a client? There are quite a few cons, but from a financial perspective it’s a huge plus. submitted by /u/ChocolateTsar [link] [comments]
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