Originally posted by :@Jason Bible Thanks to you also for the advice.

With the increased competition, it’s crucial to prepare your property to stand out and work to address obvious buyer objections prior to going on market.That is some great data for reference!

Be first position until he gets the construction loan, at that time he then will have the construction loan buy out his PML out an pay any accrual interest and origination fees.

They will point you to the original company (if not them) with the lease or purchase agreement.

There's also plenty of lenders who falsely represent the true capital requirements to originate their loans or are merely up front fee collectors. 

The original owner on the title is her sister (my aunt), and my mother’s husband (not my biological father) is also listed on the title.

Originally posted by @William Kyle Walker:How do the mentor groups work? 

My original plan was to find a 4 plex in california buy using fha loan, move out after the first year and generate cash flow and appreciation, but after looking at properties it became clear to me that’s not possible with todays market and interest rates.

I am from North Carolina originally and looking to buy our next property in eastern Tennessee.

However, the property’s cost basis (what they originally paid) carries over to you, meaning if you later sell, you may owe significant capital gains tax on appreciation.Alternatively, selling the property at fair market value eliminates gift tax concerns, but your in-laws may owe capital gains tax on any profit.