Tenant-in-Common (TIC) investing is a method for sharing property ownership among a group of investors in which each entity holds an undivided fractionalized ownership interest in the property. There are both commercial and residential TIC's
COMMERCIAL TIC's
RESIDENTIAL TIC's
A Residential TIC is when two or more individual buyers pool their resources to purchase and occupy a property consisting of two or more units. These owners hold title to the property as tenants-in-common.
Buying property in San Francisco can be a difficult and expensive challenge. A TIC partnership has become very popular for condo and single family home buyers who have been "sticker shocked" by San Francisco housing prices. 2-4 unit buildings with the right vacancy and tenant profile are now being snatched up by TIC partnerships. These units can then eventually be "condo-converted" at a later date.