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.
New Member Introductions
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 5 years ago on . Most recent reply

User Stats

9
Posts
4
Votes

Need advice with next steps

Posted

Ive been living with my elderly mother for awhile in her house to help her with her with bills. I feel it's time for me to leave now so I can start my life. I'm looking for places to move but I can't help but think what my mother is going to do when I move out. She still owes over $40,000 on it and has equity that's way more than she still owes on it. I've been interested in getting into real estate and think my mom's house would be a good start (it has over an acre of land, in a good neighborhood and fixing it up won't outweigh profit, if I ever wanted to sell it). I'm trying to come up with a win-win situation where she can live  there and  I can start my journey in real estate by her renting it from me; it's just an idea. I know it's a process but I want solid advice on what I should do.

Loading replies...