They can save you from stepping in the yogurt.

Lead Evaluation: The approach above could save you time here.

I am still waiting to hear back from my attorney for his thoughts, but ultimately feel I will not be able to go until November with the lowered rate, and will provide a timeline for the tenant to get to the terms of the lease.

That saves another 1-2 months of waiting for underwriting that has to be done regardless.

I'm not looking for a demolished house to make 70k on but as long as I can save 30k roughly off market value I'm ready to buy and just rent it out/ keep it for a while.

He worked and saved and moved here to specifically look for Multi Family.

Does it save you money to put both on one side?  

Hey guys, ive been thinking about this a lot and if anyone has experience with parents handing down a house or taking over your parents' house mortgage please advise.Background: There are 5 people currently in this townhouse and my parents have paid close to half the value so far. ive graduated college debt free and have been working in my field for a year. ive been saving for a down-payment so i can move out into a multi family house and rent one side of it.my father and i had dinner and i threw the idea of taking over his payments so i can build up equity and he can get the house he really wants (ranch style with a pool).

If you buy a 50 k property, put 20% down, which is 10k, you must paint, do some Sheetrock, save on sweat equity, in the beginning!!  

I have secured a few internships and have saved about 25,000.