Hello Everyone,For the topic at hand - I recently learned about Tenants in Common (TICs) as a real estate investment option.

Although, locking a loan is not that common in private money.Any lender asking for a deposit is trying to scam the client apart from a large commercial loan. 

I work with investors who use Tenants in Common (TIC) for income property, and the key is to separate the concept of being on title from how you run the partnership.

I intend to buy an SFR property, and then create an LLC with shared ownership or set up having Tenancy in Common agreements after its bought .Does making an LLC help or having Tenancy in Common agreements make more sense ?

Has anyone done  a TIC conversion? The opportunity we have is $4Million for a 20 unit apartment building which will be resold as TIC units for approx $$395,000 each. 

Hi Sam, I’ve found outsourcing common area cleaning with routine inspections works best.

Seems like they were fat fingered and added a couple extra zeros. 

Over the years, I’ve seen investors run into the same problems when it comes to financing:

Rushing into deals without clear exit strategies

Underestimating holding costs

Not comparing multiple funding o...

It's fun to dream about but it makes you fat or has other side effects.The differences of creative finance varies state by state.

What's common for the neighborhood you'll be buying in?