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Updated about 3 years ago,
Best way to buy my dads duplex with little or no $ down
Hi am new to bigger pockets but have been reading a bit into real estate I’ll get to the point lol……I want to buy my dads duplex that we currently live in but needs major TLC but he has too much in his hands managing his other triplex what’s the best solution for myself to purchase this off him I enough for a down payment here in Oakland California , I was thinking of a 203k loan? Or is there ways where I can use someone’s else $$$$ for me to take ownership an someone else also profit ? My dad me and an investor to be happy? Any ideas ? House is paid off needs new roof paint house has 4 rooms 2 bathrooms 2 kitchens front and backyard . Any ideas