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Buying & Selling Real Estate

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T.J. Isaacs
Pro Member
5
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17
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Down payment for Niece

T.J. Isaacs
Pro Member
Posted Aug 4 2021, 13:35

My wife and I are considering loaning our niece a down payment on a house, where she could get an FHA loan. She would then live in and rent out to other roommates. Our thought is we would offer her a 50-50 partnership with us. Once purchased, would you do a quick deed claim into an LLC? After a year or two, refinance into a a standard mortgage?

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