Unless you're talking about taking over title in 2025 under some sort of master lease agreement, she will be hit with capital gains tax regardless of what seller finance terms you come up with.I am not sure that is true if the seller uses the installment method as defined in the IRS publication https://www.irs.gov/publications/p537#en_US_2023_publink1000...The way that I understand it is if a seller uses the installment method only the portion paid of the capitol gains paid in any year are taxable as capital gains and can therefore be spread out over time.

Quote from @Nathan M kiefer: Quote from @Patricia Andriolo-Bull: Am I understanding that the current market value of the properties are over $1M each?

I understand my new rate would be higher than my original 2.4% but I would like to convert my fha to a conventional loan, so that I can use an fha loan on my next prop and not have to put down 20%.

Understanding the benefits of Real Estate and more importantly, understanding the deficits that can come with it.

Thanks, really wanted to understand what's the norm these days.

He puts your tenant's tears on his hot dogs after he raises their rent. haha, love it mate.Believe it not, our rents are priced a bit lower than other PM's in the market.I guess that's why we keep vacancy across the book at 5% or less with only a few evictions each month if that.Thanks for the mention amigo Yea it's a balance that is important for investors to understand.

@Frank RizzoYou should identify exactly what it is you are doing for him and make sure they understand that the risk is their responsibility. 

@Michelle MayfieldI am a real estate agent and investor in Houston, TX.Katy, Cypress, Spring, some parts of Houston, Conroe, Tomball, Pearland are great markets.These cities tend to command quality tenants, and they have great schools.Get in touch with a local agent or investor and shorten your learning curve and save you a lot of headaches as they tend to understand the market better.All the best!

I understand this is for your parents, but I'm thinking future. 4.

It is my understanding there has been some case law stating that emails suffice, however I wouldn't bank on it and whatever you put in writing, make sure it is crystal clear.3.