Hilde M. L.
Saving Parents' Foreclosure, Developmentally Disabled Non-Profit
Hello Everyone,I am a new member and a big BP fan. I'm so impressed with this extensive resource and how helpful other members are on the forums. May I ask your invaluable advice on a very personal topic.I've been try...
Mike Wiesenhart
Property LLC and parent company bank accounts
I have my investment townhouse in an LLC. I also have a parent company that owns that LLC. I have a bank account for the property LLC right now and want to open a bank account for the parent company. I don't want to r...
Al Davis
Seeking advice to help my elderly parents
Hello,This is my first post here at Biggerpockets and I first want to say hello to all members of this incredible, resourceful site. After spending days researching solutions for my unique problem, I stumbled across t...
Sachin Batra
Creating a Parent LLC and Child LLC
HelloI would like to know how can i create a Prent LLC and child LLC for individual rental properties. I am not able to understand where is the relationship between parent and child properties described or laid down?C...
Manuel Ramirez
Suggestions on buying parents short sale home?
How can I go about purchasing my first short sale income property home from my parents? The problem is I don't think I have enough funds for a down payment. Should I look into private lenders? If yes how long are they...
Alex Waite
When is living with parents too much?
I want to start a discussion about millennials living with their parents. In the past, once people graduated high school/college they moved out and it was socially embarrassing living with your parents. Now times have...
Roberto Treviño
Investing with parents or renting to them.
Good afternoon BP community. Recently my dad has expressed the idea of purchasing a home in DFW where he is currently renting. He came to me to see if I would be open to co-owning the property. That would be his...
Brian Phor
Setting Up a Parent/Foreign Wyoming LLC
Hi Everyone!
I'm looking to setup a parent/foreign Wyoming LLC. My plan is to setup a parent Wyoming LLC that will hold another LLC that will be holding my properties. I'm not exactly sure where to start or whom to c...
Carl Trube
Assuming the mortgage of my parents house?
Howdy y'all! My mom would like me to assume the loan of her house to ensure it remains in my name. She and my stepdad would continue to live in the house and pay for everything (e.g., utilities, mortgage, etc.). Essen...
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
...