Xander Monge
Living with Parents and Owning a Negative Cash-Flow Single-Family
Hello Everyone,
This is my first ever post here, and I'm excited to join the community and learn more. I'm seeking advice on my current situation and the best route for achieving my real estate goals.
For context, I...
Alan Phan
Purchasing 2nd home as an investment for parents - suggestions/advice needed
We purchased our home during covid and we have a chunk in equity, which we do not want to tap into. If we were to sell, we're looking 1.2-1.5mil.Our situation is we want to purchase another property for my parents to ...
Bryan Christopher
Allowing sibling to inhabit house after parents passed away/legal issues...
Hi all...Sadly, a friend has seen both of her parents pass away in the past year and change. They were older and it was not unexpected. They left a will with my friend as the executor of the estate. There are three c...
Julie D.
Parental consent needed for my tenant's GF to stay with him?
Hello, Wonderful People of The BiggerPockets Community! I have a house in the Denver area that I house hack. This Summer I have a student from California coming to Colorado for an internship. He is 21 but he is going ...
Mika Guillen
No W2 Student Owner Occupant Loan with Parent Co-signer/Borrower
Hey everyone! My name is Mika Guillen and I'm a 2nd year college student. No W2 Income but have enough money for 3.75-5% down payment on an owner occupant multi-family property. Planning to partner with my parents as ...
Joe Annan
Shaver Lake Market-Parents house for sale for 13+ Months, Advice?
Hi all, I'm new to the forums so please be patient. I'd like to first start off with a quick background.I've recently started looking into real estate investment in order to try and understand what's going on with my ...
Russell Gronsky
Parent LLC and Subsidiary LLC no one talks about on BP
Hey BP,Some of you may recall my rant about legal structures and advice from pros in a post a few weeks ago. After reading all the constructive, helpful comments and processing the frustration of working through every...
Derek B.
Will having parent cosign keep my credit free for more deals?
Me: great W-2 income, excellent credit, practically 0 debt, plenty of savings, west coast. Mom: fixed income, retired, renter, worried about rent increasing, east coast. While looking for my first RE investment, my mo...
Shane H.
Help selling my parents house in Kansas City - Blue Springs, MO
Hi all - my folks are in their middle 60's and have lived in KC metro (Blue Springs, MO) for around 8 or so years - they are wanting to relocate back to where myself & sister live to be with family/spend time wit...
Joe Wentworth
Buying my parents home and renting to them, need tax advice :)
I'll keep it simple, their credit is not good, mine is great, I have my own home and have amazing credit, they have first and second mortgage on theirs at high rates and cannot refinance due to lack of income (one sto...