Matt Hendrickson
Using Parents' HELOC to purchase additional properties
Quick question for all the bright Bigger Pocket's minds. I'm currently living in Kansas City, MO. I own 3 real estate properties at the moment. I'm trying to grow a bit faster in me goal to financial independence.As p...
Mike Matern
HELOC as Down Payment on Duplex
I'm trying to purchase a duplex with my parents. They are considering getting a HELOC on their current home which is paid off in full. The duplex is for sale for $300k. Is it possible for me to get a conventiona...
Account Closed
Getting charged TRIPLE HOA fees
Hello. Both my parents passed in January. Before they passed, we moved them closer to us and rented their house out. The HOA fees had been paid by my parents through May 2016. Back in October 2015, we rented the h...
Mrinal A.
Should We Sell or Hold our former home?
Hello BP! First post (hopefully first of many). So I am helping my parents take care of a property that now serves as an investment property in New Jersey. We initially bought it in 2005 and lived there till about 201...
Eric Sato
Just moved back to USA - what comes first (STR or my own personal residence)
Hi, I posted quite a bit a year back or so about my interesting situation. I lived in Japan for 20 years and was going to start building my USA based portfolio from Japan. I now actually live in Colorado full time and...
Nalin Shawn Wijeratne
Insurance on rental property that was purchased 2 years ago
Parents own a rental property (condo) that was purchased 2 year ago. When property was purchases Insurance was not purchased. Now my parents are try to purchase insurance and there current insurance company on there p...
Marcus Mackey
Single family Home
I purchased my single family home two years ago. And refinanced a year ago. Im looking to buy a home for my mother. Is there a way to get a loan to buy the house without putting 20% down?
Jeremy Lee
Co-ownership and section 121
Hi all,
Wanted to pose an interesting question for feedback:
Is there anything in IRS section 121 that speaks to the impact on holding periods when there is an increase in ownership interest in the context of a prop...
Jorge Vazquez
Advice for in-laws home?
Hey, i need some advice on a current situation. My in laws were selling their house about 2 years ago for about 250k but took it off the market due to my wife's step dad being diagnosed with Amyloidosis. They're getti...
Tyler M
Loan Strategy
Hello, I hope everyone is doing well. I was trying to help my parents invest in RE and was wondering what the best strategy would be for getting loans and using leverage.
I heard that you can get a maximum of ten lo...