The issue is that the house is a single family 2bed/2baths built in 1982, roof has not being replaced.

In addition, a separate living space/500 sq ft area that was built in hopes to convert to an ADU that the former owner never got around to.

In addition, a separate living space/500 sq ft area that was built in hopes to convert to an ADU that the former owner never got around to.

One was on a corner, so the driveway was at side of house and therefore could get in and out from less busy street, even though house faced street. (13k AADT)Second was on a busy street, and we built in a turn around, so buyers didn't need to back into road.  

My question is: Can my parents gift me some of their home equity they have built in the home they live.

You have a built-in expertise that could be of value to investors with insurance, but don't lead with that.

I built a house in Dallas, TX in a new development neighborhood and have been living here for about 6 months now.

Home is was built in 2001.

We use short term money to BUY (because it closes faster and has less out of pocket) and then use a 30 year, fixed rate to REFINANCE because we built in the necessary 20% of equity."

We built the Estancia nightly rental resort condos in St George, UT for an investor that sold units to individual owners.