Hello,I am looking for a little advice on the best way to use a couple of different types of money towards down payments of a couple of properties that we want to buy at pretty much the same time (retiring landlord se...
Hi Everyone!
My mother would like to gift her $850K house (100% owned; no loan) to my wife & me. At the same time, my wife & I would sell our $1.5M house ($1.4M is equity), and use the proceeds to 1) transfer...
Hi BP,
We all know the stress that 2020 has brought upon us all. I wanted to get a small gift for tenants. Something that just says thank you for hanging in there and things will be better!Let me know any ideas you...
Curious to hear everyone's thoughts on giving gifts to tenants around the holidays. This is the first year I have done it and I have only had good reactions thus far! It seems like an easy way to help build a positiv...
I stole this one from my neighbor who has 7 sfhs as rentals. He includes in his leases a clause that says with 2 weeks notice he can enter property to assess for condition and damage. If all is well in unit, he leaves...
I have an opportunity to take over a rental from a family member in Texas. They purchased it with a VA loan 2 years ago. They are okay with me assuming it, a wrap around or they said they’d gift it to me. Whatever...
My father was looking to sell his old house (Aurora IL) and be done with it. My suggestion was to gift it to me and let me refinance to pay him (keeping loss for closing costs down). What are your thoughts? Are there ...
I am planning on buying a house with my parents. We are looking into ways to finance it with <15% downpayment. I currently have a primary residence that I share with my boyfriend and my parents have never bought a ...
My brother-in-law has a primary residence (with no mortgage) that he may want to sell to us in the future (and we want to rent it out or do AirBnB). However, we want to minimize taxes for him and for us. Currently h...
Hi! My brother and I will be gifted 50% (25/25) of an RV park. We plan to buy the other 50% from my aunt who current owns it. I currently own the house I live in and plan to stay there- we just refinanced. My mother’s...