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All Forum Posts by: Steven McCarthy

Steven McCarthy has started 1 posts and replied 1 times.

Post: Newbie with an opportunity - What is the best path to take?

Steven McCarthyPosted
  • Contractor
  • Framingham, MA
  • Posts 1
  • Votes 0

Hey all - I'm new to the site and to the podcast so thank you in advance for your patience. My question: My mom is now a full time resident in Florida. She has four rental properties with four units in each in MA, where I live, that she has owned for several years now. She mentioned recently that she would like to sell them and asked if I was interested. I said of course let me do some research. I don't really have any assets or equity, and only a few thousand dollars I can play with. What are my best options for buying one of these properties? My friend mentioned using the properties income to pay her but I don't know where to start. Maybe there is a podcast you could point me to? As a note, I do have my real estate license. Any help would be sincerely appreciated. Thank you