Hello,My husband and I are planning on purchasing his parents’ home and renting it out. The home in its current condition would sell for roughly $325K on the open market. His parents are planning to sell it to us for ...
Hello everyone,
I am new to the BP family and love the way everyone interacts with one another. Hope someone can help me with this one. while talking with my parents they informed me they were thinking of selling the...
Hi All,I was hoping someone could help me out with the following question. I am in escrow and have talked it over with my parents to obtain a mortgage from them for my condo. Can someone point me to the right directi...
Hello, I'm trying to purchase my parents townhome and am wondering if anyone could share some ideas on how to go about it. I am trying to spend the least amount out of pocket.
One idea I had in mind was getting bot...
Just to share, my parents don't support me with my ambitions to start real estate investing.
Anyone here with the same story? And what did you do about it?
My parents just retired and are now looking to sell their RE investments. I’d rather keep them in the family as long as the numbers look good. They have two years left on the consolidation loan. Included are six singl...
Hello everyone,My parents have about 200k left on their mortgage and I think around 150k in a HELOC. The house has appreciated to around 2mil so there’s about 1.6mil in equity. I feel like the equity sitting there is ...
Hello Friends!
I'm brand new to BP, and I'm excited to get feedback from you all on how I can start my REI journey!
Basically, my parents are retired (engineer and doctor) and own their home. Its no...
I am exploring buying a rental property with a private loan from my parents. They have a chunk of money from the sale of a business and need to invest it, but don't like the stock market and don't want to be landlord...
Greetings, my first time on the site, and I’m excited to get to know you all and hopefully be able to contribute. I’m looking for advice on purchasing a rental property for my parents. They are not skilled at managing...