Jordan Jones
Buying parents home with tax liens (California)
Parents home is paid off, however, heavy tax liens against the property - now threatening foreclosure. Unable to gain loan or HELOC to pay off tax liens and selling is not an option for them. I really want to help the...
Brian Bauk
Purchasing a rental property from your parents
Hello everyone, hope everyone had an awesome Thanksgiving. I’m very thankful for everything that I’ve learned from y’all!
My parents own a lake house that they see as simply just being a burden. There was talk in th...
Jessie Saribay Jr
Buying parents home for a win/win?
So I been thinking about this idea that would help my parents financial situation a little bit and also help me gain access to money that would help me start investing into real estate. I currently live with my parent...
Joel S.
Parents Self Directed IRA, any investment options?
My Father has a 401k that he isn't using for income at all. Next year he will have to start taking minimum distributions from it.I'm interested in acquiring real estate using the BRRRR strategy. Is there any way to ...
Aaron Harris
Refinance option for restore of Parent's Home
Hi,I have a interesting situation. I'm currently a homeowner that is considering refinancing in order to help restore my parent's home which is currently vacant. I'm thinking of putting 25k into the home to restore if...
Jeffrey Fecko
Partnering with Parents. Looking for creative ideas.
My parents recently mentioned that they are thinking about investing in real estate themselves. I have wanted to get into real estate for a long time but haven't been able to save up the money yet. I am trying to come...
Troy P.
Good idea to purchase parents' mobile home?
To make a long story short, my mother passed away last year and my step father is living in their mobile home with a relatively high interest rate and no banks willing to refinance. We recently started tossing around...
Walter Frazao
Taking over parents' loan and second property
Good Morning All,I retire from the military in late August. My father owns two homes right next door to each other. One is valued at 225K the other at 240K. Each one has been converted into a two family. My parents li...
Braden Parkes
Parents Helped Me Out - What's Next Move?
Hey All,
So I'll try to keep it as brief as possible while still providing the necessary info.Parents sold me their 3bd, 3br 1600 sqft home in Los Angeles (San Fernando Valley) for a roughly 15% discount from it's ma...
Brendon Bourne
Parents House Needs Repair - Large Equity Position
Hello, My parents bought a house almost 15 years ago. Over that time, the house has appreciated from 91,000 to upwards of 600,000. They have not been the best at up-keep and the home needs some updates.What would be ...