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5 March 2016 | 14 replies
Personally, I have stopped making any loans to owner-occupants at all due as the complexity, cost & risk do not justify the return IMO.If you are dead-set on helping your relative, I think the safest thing to do would be to GIFT them a PART of the down-payment they would need to get a BANK LOAN, with no expectation of getting paid back - you can make an agreement with them that they will pay you back, but know up front that there is probably a greater-than-even chance they will not, and accept that it is really a GIFT and any payments you get back are more than you expect, and "nice to have".
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18 April 2016 | 4 replies
I have a blog where I write about Real Estate www.homebestchoice.com and I welcome you guys there too if you would like to share experiences and tips, would be a pleasure to have anyone's help on it.
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1 March 2016 | 8 replies
@Derrick Aragon, thanks for the tip!
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14 March 2016 | 4 replies
From the Wilkes barre area Pennsylvania is there any one who can give me tips on my first deal
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1 March 2016 | 1 reply
I'm sure there are others out there, along with myself, that have these same questions, so any tips you might have would surely be appreciated.
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1 March 2016 | 2 replies
Having your home paid off from a family trust is a gift not many people are blessed to have.
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17 March 2017 | 3 replies
.- Bonus tip, it helps if you can tell them "your story" of why you want to invest.Best of luck to you!
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9 March 2016 | 7 replies
We have discussed selling it but 1) we like the location and think of gifting it to our child when he comes of age 2) we have some emotional attachment.