Quote from @Kolin Goff: Hi all - I have a traditional 30yr Fannie/Freddie loan with 25% down on a duplex that is currently rented out and cashflowing well. 

I'm all for this strategy if you can execute and it's profitable. 

Welcome, take a look around, and don't be shy -- we try not to bite TOO hard!

Pricelabs aided in all my properties (except one I stayed in for a week last month) increase revenue last month (Jan 2025) as much as 27% over Jan 2024.

Great you take over a loan but why?

As long as all parties are aware of your intentions, go ahead and get it done. 

This was all without my knowledge or permission.

I understand it was (allegedly) caused by a kid, but parents must take responsibility for their children's actions.

@Duarte MarquesPossibly but highly not recommendedFor those with no real estate experience or experience in taking on debt, it’s not easyTo do it also with little to no down payment or reserves in most occasions will end in disasterReminds me of when in high school a friend used to let his dog drive his car.

I went through someone else last year which has all of my previous rental property information on it and nothing has changed except now I have a child.