So, this is kind of out there but bear with me.My parents are new to Real Estate Investing and are generally difficult to persuade to join websites such as this. They recently bought a Buy and Hold property. My youn...
Is the process of assuming a Loan the same as getting pre approved/ approved for a loan? Is it best to assume a loan or refinance a loan? Taking over my parents property. I have the good income but not the best credit...
I think we would all agree that personal finance is something that all of our youth should be taught, but it's not getting done on a consistent basis. In your opinion, whose job is it to teach teenagers (high school ...
Hello all,I am in the process of purchasing my first rental unit and my parents have agreed to help me with the down payment on it. Doing some reading and it suggests creating a promissory note set up properly so I c...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $26,000
Cash invested: $26,000
Condo. 1 Br, 1 Bath. 546 sq ft, built in 1968
Purchased $26,000 all cash.
Cash Fl...
I would like to transfer some properties in one LLC to another. A Title company told me I can transfer properties from one LLC to another by paying a 3% transfer fee + document preparation fees. Option #2 which is les...
Hey everyone,
I'm a new investor looking to do a cash-out refinance on a rental property in San Antonio. My parents have owned this house since 2008. If I'm added to the title together with my parents as joint owners...
Hello,
My husband wants his brother and parents to go in on this deal with us (he didn’t even talk with me in agreeing to work with his family members (sighs)) My husband’s coworker is moving out of state and selli...
Hi BP,
I live in SF and been looking into purchasing an OOS investment property - multifamily.
However, recently, due to some personal reasons, started looking into purchase a SFH in Sacramento Area. I have lived ...
My parents are looking at partnering with me and my wife on a triplex. I am going to be living in one of the units to be able to qualify for an FHA loan. My parents want to be able to gift me the money for the down pa...