Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 11 years ago on . Most recent reply

User Stats

4
Posts
0
Votes
Joshua Amarelo
  • Fall River, MA
0
Votes |
4
Posts

Other Investment Opportunities While Tied Up In a Real Estate Deal

Joshua Amarelo
  • Fall River, MA
Posted

Hello, all.

I'm currently working with my brother on a real estate deal, which puts me a little behind as far as starting my own real estate investing because I don't want to pull out of my deal with him. It may be that I'm not as tied up as I think, so let me give a brief description of the situation and maybe somebody can throw some education my way.

Basically, my brother has a few rental properties and would be required to pay 20% down if he tried to purchase another. Since I don't own a home, having me buy it will allow us to only put 5% down and we can just switch the mortgage to his name after 6-12 months. He'll be handling all the tenants, collecting the rents, and paying the mortgage, and I'll be getting a portion of the income. He's still looking for the right place, though, which means I'm kind of stuck in a holding pattern as far as getting into real estate on my own.

My question, then, is what other investment opportunities could I look for while I wait for this deal to go through?

Thanks very much in advance for your thoughts and advice!

-Joshua Amarelo

Loading replies...