There was some stranger rule where I had to get one within a few days of closing or they would make you get another one, something weird like that, but everything worked out fine.

I get comments from coworkers, tenants, and random strangers about how I look 16 and shouldn't own property.I have wanted a Jeep as long as I could drive, now I have the money to have my toy, and to break it out on the trails as often as I want.

They get to double dip commissions (which is attractive to them) and I form relationships with them so they like me over some stranger (other offer).For your lack of experience and worry of mistakes, you need two things: 1.

I'm so happy to have the little hound bark everytime a stranger approaches our place. -- Dawn

The con to this approach is that in most cases, you need to know or have done business with your end investor buyer - who must have all cash - as a stranger to you may not be comfortable with you on their purchase contract and that you hold a portion (small as it may be) of the title until you do quit claim it over to them after the closing.This startegy works best if you are able to negotiate to choose your own escrow and title company to do the closing rather than the banks choice.

They don’t actually invest because they are afraid to talk to strangers or make a mistake.

The SEC and at least Texas' Blue Sky laws have no bearing on if you partner up with your friend, your family, or even a complete stranger for a 50/50 split or 20/80 split or even a yearly percentage payment (i.e. 12% a year on the investment).

There is trust needed on both sides of this transaction for sure.This is where having sellers with the proper motiviation comes in handy - takes some of the "trust" issues off the table is they see no other way out (or if there really isn't any other way out).But her fears are real - I wouldn't just discount them I would understand them and make sure she understands you get them - becasue it is 100% true if you walk from the deal (and she would have no control over this - she is placing all her trust in you - a stranger) then she is right back where she is now....The "good" news for her if there is any is that either way - she loses her home now or you lose it for her later she is in the same spot - at least with you she has a chance.

I was able to get permits to rebuild a 2 story addition once using this process in Baltimore county, I imagine you'll probably have success with it for just framing in a door.As far as the assessors are concerned, I don't imagine you'll have any problem, but then again stranger things have happened so I wouldn't dare say for sure that it will be ok.

Moms and dads might be willing to do that, but a random stranger is going to have to be well compensated for the risk.The reality is your daughter is trying to buy a property for which she does not qualify.