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Updated almost 2 years ago on . Most recent reply

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Floris V.
10
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14
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Buying multi family with a foreign partner

Floris V.
Posted

Hey everyone! I'm considering buying a 4plex, I can either do it myself which would be pretty straight forward. However I have another option which would be purchasing a property with a foreign investor, we would put an equal amount towards the down payment, probably the loan would have to be on me, however in that case probably the property will be put on my name and I'd have to contractually define everything with him. However I'm thinking we could also form an LLC for this, I'm just not sure how that would impact a loan?

Is there anyone who has done something like this on BP?

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