thanks rich... i'm mainly looking for rehab now but had to have collateral to get one so i figured on buying my first personal home to do this...i know i can get investors also but i also wanted to get out the parents house haha. so i can kill 2 birds

Other thing about renting to college students is to really screen them well, have their parents be co-signers and make sure you have a security deposit because it's almost guaranteed when they move out the place will not be as sparkling clean as the way it was when you first rent it out.

(b) Bona Fide Lease or Tenancy- For purposes of this section, a lease or tenancy shall be considered bona fideonly if-- (1) the mortgagor or the child, spouse, or parent of the mortgagor under the contract is not the tenant; (2) the lease or tenancy was the result of an arms-length transaction; and (3) the lease or tenancy requires the receipt of rent that is not substantially less than fair market rent for the property or the unit's rent is reduced or subsidized due to a Federal, State, or local subsidy.

hello and any advice would be wonderful, I am computer illiterate and have never posted before so please pardon any flaws on my side. my parents got divorced a while back, house is in both names, mother is in mental hospital but I don't think institutionalized as of yet anyway. need to find the best way to put house in my name and both are ok with it. also in the divorce papers it states my mother must sell house for appraised value but both are fine with giving house to me.

Well, surprise surprise he got more funding while withholding the data and strongarming politicians into obedience.

My philosophy is that the PARENTS and not the Government, should control the health care for their children.

They received gifts from both of their parents for the 3.5% down payment.

My parents brought us up, by taking trips to the library.

Wrong # DisconnectedAnswering machine/VoicemailSpoke to the kid parents weren't homeSpoke to ownerSpoke to renter - sometimes they will tell u all about the owner18.

I currently live with my parents, and am sitting on about $150k that I've saved.