I am trying to purchase a fourplex.My parents (due to my lack of credit history) have stated that they will assume the existing mortgage.

A former tenant is suing my parents because they kept his security deposit after his non-allowed water bed destroyed the ceiling and flooring of their house.

No spouses, grandparents, parents, kids, grandkids, or their spouses.

Their parents were well off, and the kids themselves had something to lose. 2 of them had new cars valued at $25-30k, so if I ever needed to sue, the courts could confiscate their cars.

I just completed one for my parents earlier in this year.

Around the holidays, I have sent Christmas cards or even given Visa gift cards or dropped of bottle of Wine/Vodka on Christmas Eve, since I most if not all of my tenants have children, I figured that the parents need something for themselves.

My parents are from there and we still have a lot of family in the area.I haven't used hard money yet in my investing so I can't give you direct advice on that.

Parents front me $150,000 to put down.

I'm a single mom, looking to earn extra income to support my two growing kids and pay back to my parents who left everything they got back home to come to America for me to have "the American Dream" life.

It's great to meet local investors.I have one SFR in San Francisco (Richmond Dist) that I manage for my parents, one in LA area (Walnut/Rowland Heights), and one condo in Las Vegas.My commercial property is in South San Francisco but it's being used by my business so there's no rental income.I hope to use my earnings from my business to buy and hold more commercial properties and multi family.