There will also be a mortgage for both lenders.Here's a deal I agreed to with my sister lending to me on my next purchase which can give you an idea of some possible terms:She will lend me 25K or so at a 6% rate, interest only no balloon no prepayment with $750 in points.

My sister's name is Paula...lol Anyhow I am a newbie too to the site.

Here is my situation: I own a home in another state that my sister is currently living in, but she is looking into buying a home of her own.

So I have 3 applicants (a brother and 2 sisters) who don't work but get SSI disability income.

Hello BP members,My sister and I are looking to purchase a 3 family apartment complex in which she would be using her first time home buyers credit.

Interesting topic....My Sister-in-Law is doing this right now (moving to NC though).

Fortunately my father owns rental properties - both commercial and residential, my sister is a real estate agent, and I have been studying the art of wholesaleing, flipping, and general real estate for months now so I do understand the generalities of it.My question is this:I posted an ad on craigslist looking for a mentor/ investor.

My sister and I run a music school and hope to eventually have our own building.

Greetings BP Brothers and Sisters,I am having a hell of a time working with a 3rd party who is representing a pair of investors, who in turn both have different real estate interests.

My sister has bipolar disorder, OCD, and hoarding disorder.