All Forum Posts by: Kevin F.

@Mindy Jensen We have known each other for 3 years. We have read a bit about Tennant in Common (TIC) Agreements and realize that we have to have something on paper and that the exit strategy is the most important aspect of this. Right now our goal is to hold this property long after we have moved out (purchase price of around 130k and currently rented out for 1680 a month). As we are in our early 20s this would be the beginning of our real estate portfolio.

Hey all,

First post here, I was looking into purchasing a duplex with a friend to live in, and then eventually to rent out down the road. We are both getting married within the year so we would be occupying the entire house. We have yet to try to get pre approved for a loan. I have no credit history because I have no school loans, my fiancé has a good credit history and I believe they do as well. Would the best route be for all of us to cosign on the loan, or try and do something creative. 

All that being said, we are open to renting for a while, but we want to build equity and eventually role over this potential property into an investment property for the future.

Thanks so much!