Michaela G.
Parent interefers in tenant lease
What would you do? We have an artist community here and I've had a new tenant (white) and her boyfriend (black) sign a lease last Friday. This is in a historic black neighborhood - it's important, you'll see. They gav...
Shalen Takaaze
Contract for loan from parent?
If I am going to borrow funds from a parent to add to my own initial investment for downpayment and rehab costs, should I get a written legal contract? For context, I already have possession of the money and I am lett...
Anthony Dupre
Parent company: LLC vs LLP
Any experience and input regarding your Parent company that hold several real estate LLC in different state?
Pro cons, why did you choose one vs the other. any thought when it come to asset protection ? any book or ...
Jason Logston
Borrowing against retired parents home
My parents are going to leave their house to my brother and me. We would like, and they are on board, to refinance their home and invest into a rental property. With the house in my parents name and then being retired...
Victoria Britton
Advice on buying parents house
Hello,We are new here and happy to be part of the community! My husband's parents (55+) are moving to another city (Temecula, CA) and are selling their home in Riverside, CA, valued at $915K. We love this house and wa...
Matt Morgan
Parents battling foreclosure for years
My parents built a home in 1999. It's appraised at 430k. They have been battling foreclosure for well over 5 years. Just barely scrapping by to keep the loan current the best they possibly can.They owe $141k on the fi...
Chandra Mcculloch
Flipping and Renting with Parents
Fix and Flip vs Rental PropertyMy husband and I want to get into flipping properties in our area and eventually having rentals as passive income. My parents want to add more rentals to their portfolio. I've been think...
Andrea Allen
Deceased parents/Probate/adverse possession
I thank you in advance for forgiving my ignorance.I am disabled. My father died one year ago today. The house I have lived in for 7 years with permission from my father was given to me. My father had alzheimers. We co...
Will Dougherty
Buying a house from parents
Hi All,
Working on my first deal and will actually be purchasing a house from my parents as they look to free up some cash and are ready to move on from it. We have been researching the best strategy to go about tra...
Carolina E.
Gift of Equity from parents
In October 2012 I was placed on title with both my parents. I currently live in the residence with my mother. It will be my primary residence. I will be refinancing and removing them from title in a month or two.
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