Lewys Jones
25% down and stay with parents or 3.5% down and move out?
I will be selling my SFH in March after having rented it out for one year. Expected to be left with $65k after CGT and closing costs. My dilemma is should I house hack with 3.5% down through a triplex or quadplex or p...
Mathew Deines
How do we get out of a property with partners (family)?
I am going to try and make a long story short, so if you have questions or need clarification please let me know.My wife before we were married inherited 25% of one side of a duplex. The other 75% belonged to her brot...
Brandon Morgan
advice on buying out of state
Any advice on buying out of state. I am a new investor but our family was thinking of buying our parents a house in Florida for retirement. the thing is we don't live there at all and its tricky since its out of state...
Raul R.
Maybe it’s time for there to be an age Requirement to join BP
Im seeing a trend, several kids have been posting on BP wanting to be Investors. As many of you did I posted on one of their posts which I now regret.
I’m reading thru the posts and I don’t believe BP is the place for...
George Nyquist
Looking for a HELOC, June 2018
Good evening BPers,My parents are in their late 60s and early 70s, both are looking to retire in the near future. Their retirement income/expenses projections show them running a $4k/mo deficit. The idea is to secure ...
Nicholas W.
Sell, refinance, or home equity to fund real estate investments?
I’d like to get started with investing in property, but I’m at a point where I don’t know which route to take regarding whether to sell my house (and move back with parents), refinance, or take out a home equity loan ...
Candace Mckinney
Help!! My first rental property purchase!
I need some words of advice and just a little insight. I’m trying to purchase my first rental property!! It’s actually my childhood home, my parents are just trying to get out of their current mortgage on it so that ...
Matt Powell
Fannie Mae won't allow "gifts" for investments, but what is that?
Hi all,I'd like my first deal to be a buy-and-hold property. I'd considered using the BRRR strategy (buy, rehab, rent, cash-out refinance to 30-year fixed) with a portfolio lender, or have more recently been researchi...
Cheyten Johnson
Using equity to renovate/add bedroom to house.
Hello! This may end up being a long post. (Sorry for that...) But Thank you in advance for all your help. Anyways, I have been talking with my parents about doing some renovation to their house. They want to add onto...
Caden Fox
First rental property question
My grand parents are planning to sell me a house they currently have rented. We plan to close in early January 2021. I plan to rent it out as well. I would like to keep the current tenants in the property provided ...