Gary McKissick
Using Family Members for loans
Hello all,I am in the process of purchasing my first rental unit and my parents have agreed to help me with the down payment on it. Doing some reading and it suggests creating a promissory note set up properly so I c...
Yuzhou Zhang
Bought my first rental property! In Tallahassee - 16% cap rate!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $26,000
Cash invested: $26,000
Condo. 1 Br, 1 Bath. 546 sq ft, built in 1968
Purchased $26,000 all cash.
Cash Fl...
Account Closed
1031 to buy parent’s home at market rates
I’d like to buy my parents’ primary home at market rates then rent it back to them so they can add their equity to their nest egg and boost their retirement.Details.I live in TX and am selling a SFR in San Antonio. I ...
Walther Mendez
Trying to buy my parents home as an investment
Hey Everyone,I need some advice on an investment opportunity. This needs a brief background story. My parents want to retire within 2 years and move back to our native country Guatemala. They currently live in their f...
Jack Hamm
Househacking While in college.
Hello BP, I am a 19 year old investor and looking to get started on my first house hack while being in college. First some information about the situation I would be living in this home for 2 years and renting to tena...
Jarred Marrow
This sounds stupid but lets try
Hello all, I am fairly new to bigger pockets online forums but I wanted to just throw some ideas that I have at you guys to see what you think. I am 27 and live in NY my parents are getting older and I am thinking of ...
Christian White
Inheriting a house from Parents advice for first time home owner
I am a 26 years old and I currently live in Texas. My family owns a few houses in Georgia and wants to transfer one of the houses to me as a the new owner. The house has about 60k left on the mortgage payment and is v...
Kendra Lacarte
Purchasing from Parents in Ontario Canada
Hello,My parents want to sell 2 income properties to me. One would be a full sale of a single family and they want to jointly own their duplex with me.Can anyone familiar with Ontario, Canada laws able to provide me w...
Tyler Mundy
Off-Market Fix and Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $141,000
Cash invested: $40,000
Sale price: $258,100
I got this home off market through direct mail and by text...
Red El Amr
Airbnb Tax not owned by me but parents
I have listed my parents appartment on my Airbnb account to represent them, since they don’t speak English. My parents are not us residents but I am. The appartment is outside of US. I ended up receiving their airbnb ...