We believe more Angelenos should have a stake in the city’s future and that the benefits that come with homebuying shouldn’t be out of reach. That’s why we’re excited about making TIC ownership easier to access and achieve.
A Tenancy in Common (TIC) lets you co-own a multi-unit property with others while holding exclusive rights to your own unit. It’s a flexible, cost-effective alternative to traditional condos or single-family homes, especially in a city like Los Angeles, where affordability and inventory are major challenges.
Financing a Tenancy in Common (TIC) property differs from buying a condo or single-family home. But once you understand the basics, it’s a straightforward and empowering path to ownership, especially in a city like Los Angeles, where traditional options can feel out of reach.
Most TICs are financed with fractional loans, which are individual mortgages tied to your specific share of the property. That means that
Fractional loans often require 15–20% down, depending on the lender and your financial profile. While that’s a bit higher than some conventional mortgages, the total purchase price is typically lower than comparable condos, so the overall cash needed may still be significantly less.
Fractional loan lenders will generally evaluate the following:
Because TICs are still a niche market, working with a lender who understands this type of ownership is key to a smooth process.
TIC financing is a specialized space, so it’s essential to work with a lender experienced in fractional loans. These institutions currently offer TIC financing and have worked with buyers in the Los Angeles market:
As TIC ownership gains momentum, additional lenders may offer fractional loan products. While TIC.LA is not affiliated with any specific lenders, we stay current on financing trends and can help connect you with professionals who specialize in this type of loan.
Featured Property
Nestled on Hillhurst Avenue in vibrant Los Feliz, this boutique community of seven TIC residences is coming soon. With stylish upgrades and a major renovation of all systems and finishes, plus an unbeatable location near cafés, theaters, and Griffith Park, Seven on Hillhurst offers a unique path to ownership in one of LA’s most desirable neighborhoods.
It depends on the terms outlined in your TIC agreement. Some agreements allow rentals, while others restrict or limit them. If you’re considering a TIC for investment or rental purposes, be sure to review the agreement and consult with your legal or real estate advisor.
Most TICs are governed by a written agreement that outlines how decisions are made, typically through a vote among co-owners. Larger TICs may have more formal procedures, while smaller ones may operate more informally. In either case, communication and clarity are key.
Your TIC agreement should outline the process for selling a share. Some agreements give existing owners the first right of refusal, while others outline a timeline or procedure for bringing in a new buyer. It's important to understand these provisions upfront.
Not at all! While TICs can be a great entry point for first-time buyers, they’re also appealing to investors, downsizers, and anyone looking for an alternative path to homeownership in LA. They offer flexibility, affordability, and access to desirable neighborhoods.
Usually, yes! But it depends on your TIC agreement and the scope of work. Cosmetic changes are often allowed, but structural changes or anything that could affect shared systems (like plumbing or electrical) may require approval from co-owners.
TICs can absolutely appreciate in value, especially in competitive markets like Los Angeles. As the TIC market matures and fractional financing becomes more widely available, resale value and buyer interest continue to grow.
Yes, in many cases. Because TICs are financed with fractional loans, lenders may require a higher down payment, often around 15–20%. However, this can vary depending on your credit, the lender, and the specific property.
5250 LANKERSHIM BLVD STE 500 NORTH HOLLYWOOD CA 91601
5250 LANKERSHIM BLVD STE 500 NORTH HOLLYWOOD CA 91601