Thien Hoang
Taking over retired parent's house and use it as a rental
Hi All,I'm looking for advices on the legality of taking over my parent's mortgage and house. Then use it to rent out to my parents. Just wondering if there's any benefit to that. Currently I co-own the house, but wou...
Mitchell Johnson
Can I buy my parents property for only a few dollars?
Hi, I’m a new investor trying to start brrr’ing my first property. Problem is, I don’t have it yet; my parents do. They bought a house and fixed it up but decided renting isn’t for them. I told them I would buy it fro...
Kevin Sha
Need some advice for parents - to sell or not to sell?
My parents bought 2 condo/townhomes a few years ago. I didn't know this until now but they've already paid off the mortgages for both properties maybe 5 years ago. But they just said they are thinking about selling th...
Aaron Hess
Buying my parents house as my first property as a rental.
I am considering buying my parents home. It will help them get rid of debt and be more financially stable with the equity and I get my first rental property. I know dealing with family can sometimes be a issue for som...
Adrian Valdez
How to pitch the Idea of leaving college to a parent?
Hello I am pretty young and I am a college student, but I feel like I am wasting my time. When I am passionate about something i put all my effort into learning it and I tend to learn a pretty decent amount on my own....
Robert Ross
Buying my parents home while they stay in the property/Texas
Hi All,
My parents are retired and currently live in south texas. They have a 1st mortgage with a balance of $60K. The home is currently worth $190K. Their interest rate on the current loan is 7.5%. Since they are o...
Liz Trinidad
Parents have multiple properties and want to pay me to manage
Hi, I am new to the site so please excuse me for any of my obvious questions. My parents have multiple properties that includes land and rental homes located in multiple states. They would like me to manage these prop...
Kyle Stone
How to purchase and flip my parents home through my business?
Long story short, my dad passed away in 2006. My mom lives in the home which is 4BR/3.5 bath, finished basement and about 4200 sqft. She owes roughly $278k on the primary and is behind on the 2nd mortgage (about $40k)...
William Richard Arens
Buying Parent’s home for what they still owe, is it allowed?
My Father started a company a few years ago and is currently at risk of losing his 2 million dollar lifesavings if he cannot sell the company (intellectual property holding company). Instead of losing his home, he wou...
Deanna J.
Newbie Here to Learn How To Help Parents With Rental Properties
Hello Everyone,I am here to learn as much as I can about rental properties -- more so about property taxes, land value, zoning, redlining and more. As well as more on Whole Sale properties and flipping homes.My parent...