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Results (3077)
Jason Munger "Buying" parents house...best strategy
15 February 2017 | 13 replies

My parents (both still living) have a home that they no longer live in and are looking to sell it.  They have moved south so it is vacant - if that impacts your suggestions.They own it out right, so there is no mortga...

Connor Mckelvey First Deal - 8 Days to Close and my Lender is Dropping the Ball
28 March 2019 | 42 replies

Hi BP! My Name is Connor (long time lurker, first-time poster) and I'm just about to close on my first Investment property!I'm in a very frustrating situation with my lender and this noobie could really use some advic...

Brian S. Pros, Cons and Tax impact of Gift of Equity
10 November 2019 | 0 replies

Hey BP,I'm in a position to purchase a house in Saint Petersburg Florida from a family member. I am looking at some different ways of buying the property instead of using cash as a down payment. I got a suggestion of ...

Khory Minor Things to know before making first purchase
1 September 2019 | 3 replies

A partner and I are about to start really aggressively searching for our both investment property. We have a private lender who will be providing the down payment on a traditional mortgage. Was just wondering if anyon...

Account Closed Guide to Credit Card Hacking for Flippers!
1 September 2016 | 46 replies

I'm not sure if anyone has brought up this strategy before but I'd like to share how I funded my flips starting out. I call it credit card hacking though thats probably not a great name for it with cyber crime and all...

Alec Marquette Family wants to sell us house under mrkt value. What should I do?
28 July 2019 | 10 replies

Hello BP. I currently am trying to decide how I should act on a deal that fell in my lap. My future Mother in Law is moving and wants to sell her house. For some reason, she is intent on selling it for what she owes o...

Aram V. 1-Million $ Question - Investing Inheritance
14 October 2018 | 24 replies

Hello, I'm new to the investing game and I'm an big fan of BP. I'm going to give as much information as possible, but also cut a long story very short.  My father will be given his pension when he turns 70 1/2 in a ...

Greg Clatterbuck "Reverse mortgage" for inlaws with possible tax issues
30 September 2020 | 1 reply

This is a little different question than usually posed on BP.  I am a real estate investor with multiple properties.  My inlaws are in financial distress, primarily due to many years of poor financial decisions.  They...

Cody Tanner Options for seller finance
15 January 2019 | 2 replies

I have a house that my renters want to buy. They don't qualify for traditional financing due to being self employed and a slightly too high DTI. I still owe on my mortgage so I was looking into doing a wrap mortgage, ...

Hayden Schaefer First House Hack Motivations
10 January 2024 | 9 replies

Greetings, I and a friend live in the NoVa area right outside of DC. We have a desire to dive in and buy a property together, yet we have enough of a downpayment for only 3 percent between the two of us. However, we h...