John Smith
Sub2 Mortgage but Parents Stay in House
Quick scenario: parents have about 20k left on their mortgage, paying over the next 5 years. Low income, barely break even cash flow. The house is in dire need of repairs. They don't really want to move, and we'd like...
Account Closed
Tapping in to my parents home equity ???
My parents have had their house paid off for over 15+ years already. The house is worth about $250k. Is it a good idea to finance the house to tap into the equity? (using the money to invest in more real estate).My co...
Meisha Thigpen
Long distance investing while helping aging parents
Hello All,I lived in St. Louis for 18 years and my parents, both almost 70 years old, still live in the city. I currently live and work in the Washington DC area, but I have been looking to invest back home. My origin...
Rochelle Wilkinson
parents visiting tenants/ staying for 6 months +++
hey there.. I have a situation that KEEPS arising and wondered if I could get some feedback.. the apartments we rent have a huge student ratio, we are located next to a major university.. which is great.. we are at f...
James Phan
Investing in rental properties with a parent?
Hello all, this is my first post on the forums and I'm brand new to the whole real estate realm. Looking for suggestions on what you would recommend going forward in this situation.BackgroundI am moving back to my hom...
Keith A.
Parent covering tenant and also on lease
Have an application for a tenant where the mother wants to pay the rent for her son and girlfriend and be on the lease with them. She makes enough and credit at 800.
Does anyone see issues with this assuming all t...
Ryan Schuler
Funds from Parents for buying investment Properties
I am in the beginning stages of looking into how to work a deal with my father on my first investment property and the best way to structure a deal with him where he would provide a chunk of change for the deal.I rece...
Steve Sandrews
Assets for FAFSA (Student Aid/Parent Asset)
Hi, i'm new to forum and searched this topic to no avail
I am completing my first kids FAFSA for college student Aid. They allow asset exclusion for farms and small businesses. They say if you have rental property...
George Gipson III
Must move out parents house with 20k
okay here is the situation I live with parents along with my fiance and dog. We moved in about 8 months ago to save for a house. over that time I became an real estate knowledge seeker. So now my advisor cousin says w...
Kyle Guida
Getting started without any support from parents
so i have 0 positive support feedback , realistically 0 positives coming from my parents regaurding me wanting to get into real estate or anything involved except buying my own house. what do i do ? its reallly get...