Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago on . Most recent reply

User Stats

27
Posts
6
Votes
Darshan Patel
  • Rensselaer, NY
6
Votes |
27
Posts

Partnership Multifamily Contract

Darshan Patel
  • Rensselaer, NY
Posted

Hey BP, so me and a partner are looking at buying a multiunit property in NY. We ran into a few issues, we got approved for an FHA, the only thing is I will not be on that loan because I would love the FHA for the next house I decide to buy, with that being said we are kind of doing everything as a gentleman's handshake. We do not mind doing it that way but was wondering if there is a safety for me in a contract we could write up so we are both safe? I will not be on the title either. Thank you!

Loading replies...