My family member is currently renting and I suggested to her that her and her partner look into buying something even if it is a 2/2 condo.

This is not normal and should not be relied on.

@Michael Shenouda did you read anywhere on the supplied info that it is not to be relied on?

Hi all,   My name is Blain. I'm a real estate agent licensed in New Jersey. I'm looking to start my real estate portfolio within the next year, using the NACA program to allow me to get my first multifamily home (Hope...

My strongest instinct is to purchase a 3/2 condo in a nice part of Fort Myers selling for around $250k as this seems like a limited risk option which should be easy to rent as either an LTR or an STR and the rent would be manageable by the family member.   I

Now as a BP pro member, I look forward to networking with new and experienced investors, sharing knowledge and information, and doing more deals.

Hello, A family member is preparing to sell her home, and we are trying to decide what would be beneficial for us in purchasing her home, and something equitable for them as well.Here is some of the info:-Wants to list home on the market for $199k,  her realtor said she would get minimum $175k if she did list it. - She owes $90k on the mortgage on the home.

I feel like I could grow faster if I made use of other peoples available cash and they could make more interest lending to me then the bank but after the hurt feelings from the family member I am hesitant to borrow from anyone other then a bank. 

., For Entities that consist of more than one member I require Fully executed Bylaws or Operating Agreement including breakdown of all members and signing authority.

Online articles are not authoritative guidance and therefore can't be relied upon for a tax position.