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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] spliting purchase? Posted by gc on March 26, 2008 at 9:43 AM Would the following scenario work? 1. Me and 2 other people with deep pockets qualify for an REO bulk purchase (Say it totals about 18 houses). 2. After the purchase, we split the properties into 3 (6 properties ea.) so that each investor takes care of their own properties. In escense each investor relinquishes their interest on 2/3rds of the properties, that way each ends up with the 1/3rd they selected. Would this work? And if not, are there any other ideas on structuring this? GC Follow Ups: Quitclaim Tom 10:24 AM, 03/26/08 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Would the following scenario work? : 1. Me and 2 other people with deep pockets qualify for an REO bulk purchase (Say it totals about 18 houses). : 2. After the purchase, we split the properties into 3 (6 properties ea.) so that each investor takes care of their own properties. In escense each investor relinquishes their interest on 2/3rds of the properties, that way each ends up with the 1/3rd they selected. : Would this work? And if not, are there any other ideas on structuring this? : GC [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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