Every situation is unique and there is not a one size fits all approach to protecting your mother's financial security, but there are some options that each has an upside and a downside to.

@Tamara Shipp in your situation I would be super careful about using the equity in your property for anything.

I've actually thought about your question for years because I have a similar situation. 

Any advise or thoughts on the situation is appreciated.

We had a small fire in the common area of our association that caused damage to all six units.Some owners decided to take advantage of the situation and add on minor renovations to the repairs.The insurance company (Erie Insurance) recommended that we hire (Perfection Restoration).

I don't want to come to them just as the cash buyer because paying cash may not be the best option depending on the situation they are in. 

Hey there,I'm brand new to investing in real estate and thinking about getting into multifamily properties.I'm looking for some advice from people who know what they're doing and was hoping that someone may be able to help me here.I've done some homework and educated myself to a point but I don't know anyone with real estate knowledge so I keep telling myself it can't be done (hopefully someone on here will tell me otherwise) Here is my situation: $300,000 in equity from a Single family residence$100,000 cash to investNo limitations on which state to buy in Thanks,Peter Knox

Have any of you ever had this situation?

I own an office building that is really well situated (high traffic area) and currently have a signage from a Local Bank, who is one of my tenants.

Especially when its a conversion of a SFR like this situation.