Daniel Madrigal
Need opinions on strategy and loan
My mom is essentially selling her condo to me at half price. I'm currently living in it and am planning on doing so for at least few years. I would like to tap into the equity left over to invest in a future...
Elizabeth Conklin
Structuring partnership for house hack
We are evaluating an opportunity to partner with a friend/new home buyer on a house hack in the Tampa/St Pete’s area. Looking for:1-realtor with leads on multiplexes in Tampa2-thoughts on best way to structure a partn...
Brett Synicky
Do heirs get stepped up basis for real property
Here's a question for all you probate attorneys out there. My guess is that it's a softball but google couldn't even hit a slow pitch so here I am. Scenario: Two brothers own a piece of real property together 50/50. ...
Albert Velasquez
What to do with 100k in the bank?
18 months ago my parents had to short sell our home and rent it from the seller. Today our financial situation has completely turned around. We have 100k in the bank and don’t want inflation to destroy it. We want to ...
Tze Chiam
Tax deduction on lodging expenses while searching for an investment property
Hi all, I recently booked an Airbnb using some Airbnb credits (that originally came from a gift card) in my account while searching for an investment property. Since the stay was booked through account credits (instea...
Jason Garrison
No liquid cash
Any ideas on how to get into real estate with no liquid cash to purchase or inject into a property?
Joshua Brewer
Need advice on some great ways to get a down payment
We are interested in the idea of house hacking and getting a multi-family home but how would someone who doesn't have much of a savings account come up with say 40k-70k for a down payment on something like that?
Mario Calabretta
Firtst Deal - Using Private Money
We are looking to avoid the conventional mortgage route and use private money to buy our first house. It's a large 2 story in a multi-family zoning district so we plan to place 2, or maybe 3 units here but the house ...
Carolyn Hancock
Best way for my son to buy my house & I rent from him.
My son wants to buy my house from me & I will rent from him. This way I can retire & move back home, as I had to relocate for work.He would owe about $44,000. What is the best way to go about the sale, an atto...
Tristan Pearrow
DSCR Loans: Lending Parameters, Key Features, and Up to 10 Units
Hey BP Community, a lot of you have had questions since I posted about DSCR loans last week. So...
Here's a follow up on my last post. This time I’m going to highlight some of the features of a few DSCR options for v...