When you transfer the property contact the assessor office in the county the property is located and apply for a parent to child exclusion.

This deal was straight off of the MLS, but because the seller was motivated to sell quickly (deceased parent) and I offered less than a day after its posting, I was able to secure it at lower than market value and close quickly.

Hi all, I gave my parents a large gift that they used to make a principal payment on their mortgage.

Between living at my parents, living with friends, apartments and so forth I can say there is no shame in renting a studio or 1 bedroom apartment for a very inexpensive price while you work on your goal.

All my tenants have their parents as their guarantors and all there parents have plenty to lose.

My parents rented and had vehicle payments for as long as I can remember.

Once I did that, I no longer needed it to be my primary residence, moved back in with my parents temporarily, and rented out both units for $2000/mo cash flow. 

I've grown up around it as my parents are investors and I'd love to be a part of the group.

I live with my parents and the program lasts two years.

I have a video that breaks this down visually that I will DM to you, but I will also type it out because I can't share those links publicly on the forum and there is some general confusion about it.You will end up filing for the "parent" Series LLC, which needs to be accepted.