Phillip Kim
Getting my parents to financial freedom
I am on a path to get my mom and dad to financial freedom and more time away from there current business. They are entrepreneurs and work 11 hours a day for 6 days a week.(For the past 20 years) They have a rental pro...
Wayne Renbjor
Looking for guidance for my parents
My Mom inherited a property in South America. She is going to sell it in May 2022 and all said and done will end up with about 200k in her US bank. My parents have rented for over 20 years and never bought a home. The...
Dana Miller
House Hacking at my Parent's Home
Investment Info:
Single-family residence other investment.
Cash invested: $2,400
House Hacking at Parent's Home - Renting out Unoccupied rooms to students.
What made you interested in investing ...
Scott Smith
Owner occ tax rules/ disabled parent
Hi Folks - Alright, here's the context: myself and family are building a spec home. Selling our current residence now. Moving into our rental property while our future residence is being built. Expect to be there f...
Dan Fendius
Trouble closing on my parents house
Hey Everyone,My parents are having issues with the closing of their house and had a question. Any help is greatly appreciated!"Contract to sell house was signed with a contingency that the buyers sell their house. Th...
Rich Ramjatan
Gifting Property From Parents to Kids
Hey BP, Writing this post on behalf of a friend :
A Friend of mine wants to gift a property to his kids valued around $500K . His attorney advised him that the process is pretty straight forward , but he should tal...
Christopher Owens
newbie first deal with parents house
hello friends thank you for reading this,
so im trying to get into real estate i want to buy my moms house for the price of the mortgage of $70,000 but sells for around $135,000 my dad is out of the picture and we a...
Travis Downs
Parent to child mortgage. Need advice.
So I have a a friend that wants to purchase a property. I have agreed to be her agent. I'm still much a novice when it comes to real estate due to the fact I work a full time job in sales. Her parents will be paying f...
Ryan Rider
Using parents HELOC to acquire properties
So I’m a long time reader and listener to the podcast and forums. I’m at a point in my life that I am ready to finally pull the trigger and get into real estate. So I have 20k saved and available to put into action. I...
David Sohn
Partner with parents using their HELOC
1. Is it possible to get a property using my parents HELOC (with their consent of course)? And if so, I’m assuming I could make them my partner as if they were any other investor right?2. Since this will be my first p...