Javier Moreno
Financing a home I’m buying from my parents
Hey y’all I wanted to get y’all’s advice with a deal I am currently working on. I am in current talks with my parents to buy their home. They are currently renting it out. They still have a balance on the mortgage. Ab...
Kristen L Garner
Renting Out My Parent's Home On Their Behalf
My parents own their home in Indiana free and clear but they are planning to move to Florida in the next 1-2 years and buy a second home for their retirement. I currently live in California but am building a SFH and M...
Dren Aguado
What would you do in my parents situation?
So my parents are in a very nice 2003 construction 2 story SFH 4bd3bth. They're in a 30 yr $180k 2.75% interest conventional mortgage and are paying about $1400/month. They would like a smaller one floor house so thei...
Lee Collins
Sell or Rent Investment Property to my parents
I have an investment property, a condo, that my parents would like to live in part of the time. Outside of the normal non-arm's length transactions issues and risks selling to family members, what are the factors I ...
Konrad Kon
Bigger Pockets for my non-english speaking parents?
Hello BP fam!Is there a way for my non-english speaking father (Polish) to utilize the power of Bigger Pockets and its forums? Specifically he is looking for a partner to purchase an Airbnb property in Florida (nearby...
Anthony Bobbitt
Should I Move Out Or Stay With Parents?
I'm a 19 year old leaving in Central Pennsylvania. I would like to get started in real estate within the next year. I have a pretty descent job making roughly $40,000/yr. I save/invest roughly 70% of my income because...
Dilman R.
House Hack or Help With My Parents Mortgage?
I want to start my real estate investing career by house hacking. However, I have to choose between that or helping my parents refinance their home (which I live in). Depending on only one source of income from my par...
Raymond Lei
Thoughts on purchasing my parent's reverse mortgage home
Hi guys,Wanted to get your opinion on a situation that I am in. My parents (father) took out a reverse mortgage approximately 5 years ago and have accrued about $160k in total. The net worth of the house is worth $275...
Isaac Kennedy
Using Parents Self-Directed IRA for RE funds
My parents have some money in their IRA they would like to use to invest in some RE deals I've been working on. We would create an LLC and share ownership. I mentioned this to a colleague and they seemed to think th...
Clay Manship
Fannie Mae: Parents Paying Your Loans? No Problem!
I think this article speaks to many different current happenings in the residential real estate space across the country.
http://www.latimes.com/business/la-fi-home-buyers-student-debt-20170506-story.html
To sum it ...