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Updated about 1 year ago on . Most recent reply

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Stasik Popov
  • Investor
1
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4
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House Hacking With a Partner

Stasik Popov
  • Investor
Posted

I'm considering doing a 50:50 equity partnership with one of my associates and was wondering if it's possible to structure a househack in a way where I would be living in it (for at least a year) while my partner does not. Does anyone have any experience of structuring a deal like this?

Would we still be able to take advantage of owner occupied financing and put both our names on the title/loan? Would we still be able to draft up an operating agreement even if we don't get a loan within a business entity (LLC, trust etc..)

Most Popular Reply

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Nicholas L.
#3 Starting Out Contributor
  • Flipper/Rehabber
  • Pittsburgh
4,350
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5,321
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Nicholas L.
#3 Starting Out Contributor
  • Flipper/Rehabber
  • Pittsburgh
Replied

no reason at all to bring this much complexity in

just save up until you can both house hack separately

  • Nicholas L.
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