Hello,I recently inherited a house when my Step Dad passed away four months ago. In case it matters, the property is located in San Luis Obispo County. He did a Transfer on Death Deed so all we need to do now is com...
My husband and I own a 6-bedroom home in a college town. We are wanting to do two-3 person leases so that if one person leaves the other two are responsible for that rent or to find another roommate. The parents(who ...
I'm asking about the feasibility of a rental scenario for a parent who is set to retire. A parent wants to sell their 450-500k home with about 150k in equity before they retire to a tax friendly state. They would use ...
I want to take advantage of my parents house equity, but they have bad credit, and the property needs a full rehab. What are my options?
My wife and I found a once in a lifetime deal on a HUD home in our current neighborhood. It's not the right time to sell our current home but my parents offered to cosign so that we could qualify to keep our current h...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $150,000
Cash invested: $203,700
Numbers will be updated once the cash-out refinance goes through in a few days.
My...
I've read that most landlords require a (gross?) income of three times the monthly rent. What if the applicant has children? Fair housing laws prohibits discriminating against parents, but common sense tells you tha...
Hello BiggerPockets!
I know how the title of this post may sound weird but bare with me. My parents own a property in Los Angeles, California. I've always wanted to convert the garage into an ADU, and I'm planning on...
So I have a home under contract to purchase and I have a buyer already lined up to do a double close. The sellers whom I am buying the home from, it was their parents house and they were not able to work with me unti...
1. Fiance's parents bought a condo in 2006 for ~600k. Only the mother's name is on the property.2. Fiance lived in the condo for ~5 years with no lease. Basically a grey primary residence for her3. Now have the o...