I've convinced my parents to be my private money lenders in the deal at 10% interest, but as this is my first BRRRR, I'm not sure how to "structure" the deal.

In 2017, my wife and I moved back to Houston to be near our parents and start a family.

I actually currently live with my parents still but pay them rent each month, though it is far less than if I were living on my own. 

If a parent LLC owns the child LLC (the LLC that had the refinance) could the cash from the refinance roll up into the parent LLC and then be used in another child LLC?

Tell the parents of those kids!!

Can some please help me understand what is the best way to purchase my parent's home? 

@Jay HinrichsThis would be my first property purchase after living with my parents.

hi everyone, first post here :)my parents owns a very old house with a larget backyard at shoreline, seeing the recent housing market boom, we are starting to think about how we can get the most value out from the land and move to somewhere less expensive to live. what we have now :a 1950 house with unfinished basement (~1500sqft)total lot size is 22000 sqft, zoning is R6.

hi everyone, first post here :)my parents owns a very old house with a larget backyard at Shoreline WA, seeing the recent housing market boom, we are starting to think about how we can get the most value out from the land and move to somewhere less expensive to live. what we have now :a 1950 house with unfinished basement (~1500sqft)total lot size is 22000 sqft, zoning is R6.

But what will complicate things and maybe indicate that you still should hire one is that if you are a non-US taxpayer you are subject to FIRPTA withholding.