Matthew Banghart
Rental Property for aging Parents
Hey Friends,
First time posing!
I am wondering if anyone has ever purchased a rental property to rent out to their parents or other family members? If so, what did you do to keep things legal, but also keep the re...
Amy Silva
Capital gains w/ parents home
I am going to take over my parents California home mortgage after they refinance to buy a home in Utah. They are looking in to adding me to the title of their home in San Jose, CA (both their names would stay). We pla...
Julio Cruz
Help Parent renovate and rent?
I am a new investor my parents currently on their home and have over $450,000 in equity. I am looking to help them keep the house get it rented and renovated so they can maximize the rental income and help them get in...
Justin Marschalk
Transfer of title from parents
Is it possible to transfer title of my parents current home into mine and my two brothers names, sell home, then take profit to put a down payment on a 125k home and get mortgage and title in all three of our names? ...
Andre Jones
Harrisburg PA rental inspection program
Is anyone familiar with the Harrisburg PA rental inspection program? How are the inspections? What do they actually look for when they do these inspections?
Philip Claessens
Buying parents house ADU add
I live in Ca. I am going to purchase my parents home for 375k it is worth over 600k. I want to take about 125k out and have a approx 150k Loan.
What would be the best way to navigate this with lenders?
Paul Kersey
Purchasing House From Elderly Parents
I am 56 and want to purchase one of my 87 year old fathers three rental houses for myself to live in. The house was gifted to my father from a family member so he has no money invested in it other than maintenance tha...
Martingale Kim
Gift tax from foreign parents
my parents in law want to give us $60,000.i know there's a $16,000 gift tax limit. so to qualify this limit, does my parents-in-law need to wire me and my wife respectively 4 times at $15,000 each time?what will be th...
Manuel Reyes
Parent LLC (California Franchise Tax)
Hello Everyone,A partner(@Alex Royster) and I are currently educating ourselves on the RE investing business and hope to soon buy our first rental property. We are looking to invest in the Charlotte area where my part...
Christian Hutchinson
buying retirement property for parents
We are going to attempt to purchase a duplex/triplex/quad for my wife's retired parents(about 10 miles from us). They currently own a home 300 miles away. We are going this route so that way the property will have m...