Hello everyone just getting into real estate investing. I'm doing my due diligence studying I'm putting my plan together,but I came across an idea today that I just wanted a little help on.It's a house hacking idea I just wanna make sure that it has legs. My mother has a single-family home in Oklahoma before my dad died he pulled out a second mortgage that he never told her about now she owes just over 50 K in the house. She's already done repairs to the ceiling and plumbing but It does need a rehab to the interior of the house. It's worth 85K I was wondering how can I house hack my mothers home do I get her to sell it to me and put a down payment and try to BRRRR it? Do I make my mother a tenant because she's not going anywhere. Not sure what to do with this any suggestions would be greatly appreciated to a newbie.
