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My son is trying to buy his first duplex using a 3.6% down FHA 30 year mortgage. He's going to live in half while he does some remodeling. His offer has been accepted and he has been pre approved for the mortgage. His...
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I am ready to make offer on my first Flip in PA, and my son is interested in exact same property for he and his wife. It is a foreclosure. I am willing to pay cash, he will do conventional mortgage. House needs abou...
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Hi, I'm a newbie to this great community! Currently my son is buying a three unit house in Dorchester. The basement has a high ceiling, about 12 feet. The seller mentioned that at one time there was a unit down the...
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Hi, Im new to the forum, I own alot of properties but Im not too savvy with the financial side of things real estate. I found this forum on accident stumbling around and I'd like to learn more about the various types ...
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Hello everyone. My son is 24 years old and has over a million dollars. (He earned this $ as an underground rapper and still earns about $40k a month)
I’d like to help him invest that money in real estate but I have ...
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So I've been direct mail marketing and this lead came in:The situation: The owner and his ex-wife still have joint ownership of the property. Ex-wife's son is living in the property and supposedly fixing it it up. The...
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This is my first post so forgive me if this wasn't the correct forum to post this question. My friend and her adult son have lived in a SFH together for about 20 years. During this time it has appreciated from about...
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So, I have finally been able to get my name on the deed to my father's house. He passed away last April. He has a small mortgage that I have kept up on (only 8000 left on the note.) His house is small and worth 63,600...
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My son is house hacking a new build 4 Bedroom, 2.5 bath home. He only wants two roommates to help him cover the monthly pmt, so 4th bdrm is office, so he has one roommate, but seems like there is interest from people...
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As part of a study a colleague from this site and I are doing on LLC’s vs. Sole Propriety legalities here: http://www.biggerpockets.com/forums/52/topics/75182
I am wondering if anyone can recommend liability insuranc...