Investment Info:
Single-family residence buy & hold investment in Bellbrook.
Purchase price: $300,000
Cash invested: $270,000
If parents are interested in investing in their kids’ real estate venture (2 parents, 2 kids), if their parents are going to leave the assets to their kids 50-50 when they pass, and if the kids plan to honor the paren...
I have been in talks with my parents about purchasing their current home and I'm renting at this time. Their mortgage is too high for them to afford but with my income/credit, I'd be able to purchase their property. T...
Let's say my parents bought the house 200k many years ago, the house is worth 300k today. If they sell the house now, it would be tax free because they live there for years and the gain doesn't exceed the limit.The qu...
I have a home under contract that has a potential title issue. The seller had borrowed money from his now deceased mother for the home. He has lived in the home over 30 years and said that he paid it off years ago. ...
Hi, I’m thinking of buying my parents home in Arnold, MD 21012. Does it make financial sense to do so if ARV is 365k, I buy for 275k and it needs 35k of work? Taxes 3700; hoa 175/yr; ins $1000; first preference is to...
I intend on purchasing investment properties each in their own individual LLC for legal protection so if something goes wrong in one, it won't effect the other.
I also however want to build a brand, a face to this as...
Hi All,My parents have decided to make a huge move out of the country (USA). With that, they are seriously considering selling our family home. There are tons of unique things about the property, but without listing e...
Hi guys,Over the past two years, I've helped my parents (age 70) buy two rental houses for investment. I did not help them financially - just with finding the deals, running numbers, and stuff.Now, I have approached m...
Hi guys and gals, long time lurker, first discussion thread.So I am looking for some advice on our situation. We selling our current house living in my wife's parents house. They bought another house and let us live...