Martin Fletcher
Buying Home From Parents and Leasing Back to Them
Recently my wife and I purchased her parents home and leased it back to them. I think the process we went through and the structure we ultimately followed may be of interest and perhaps help to others so I will summar...
Monica Abeyta
Should I buy my parent's house or a duplex?
Recently I set a goal to buy a duplex and try house hacking with an FHA loan. My current situation is that I am renting a house from my parents. They asked me if I wanted to buy that instead, either purchase would be ...
Brittany H.
Purchasing home with parents assistance. How to best split?
Hi everyone! We need your help!We're looking to purchase a 3 bedroom condo in Boulder, Colorado. Seeing as it's very expensive here, we've considered asking my parents to invest in this home as well, and split the own...
Jack Zheng
Currently Live with my parents with a rental home.
If I live with my family and have a rental home that I took a HELOC loan out while using the home as collateral. I am looking to get more investment properties. Would I be able to get a FHA loan if I were to find a to...
Sean Ade
How to convince my parents to use a HELOC
Hey BPI could use some help trying to convince my parents investing in real estate is a smart decision. I found out they have a ton of equity in their house and could easily take out a HELOC for a downpayment on a ren...
Callie King
college kids in apartment - but parents on the lease??
I just put my first rental property - a duplex - up for rent. I have an application in from two college age boys. One of the boys father's is the one who wants to be on the lease and be responsible for rent payments. ...
Nathan Whitworth
Buying a home for parent to begin RE investing
Hi everyone! Just joined BP - and have learned so much in such a short time!My wife and I are beginning the journey of RE investing. Since my mom isn't able to get financing for her own home, we figured she would be a...
Bradley Lewis
Need Advice: Parents Want to Rent SFH w/Daughter
Hey, So I have a potential tenant that is interested in my SFH. The parents want to move into our property with their adult daughter. Everything looks great from what the parents submitted about themselves but their d...
Kristopher Kelly
Parent/Relative Dies Can They Transfer Debt to You?
Good morning,I have two parents (divorced) that have a large amount of debt. Does anyone happen to know what will happen when they die? I don't want to inherit debt from them, especially my mom that is in 150k+ of hor...
JR Silva
Investing with parents in Sacramento CA - Tenancy in Common?
Hello BP! This is more than likely a CPA-related question, but I would appreciate any expertise and advice before I reach out to one. I am investing in a small-multi with my parents - mom and dad. The way we are split...