Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago,
Taking Money From Wealthy Give to Poor
Thought everyone would get a kick out of this.
So i was recently offered almost half a mil for a property that i bought. My brother was the mortgage broker in 2006 that assisted with financing. Since then he has not held a job and lives off my parents. He stays at home while wife goes to work and goes fishing.
So Im telling my father about the situation and the offer. His first response was are you going to give your brother 10% since he helped with mortgage. Meanwhile ive dumped about 60k into this to make it liveable.
Guess i won't be telling family anything anymore.
Would enjoy hearing your stories.