I currently save money via a savings account as well as a custodial brokerage account. I have however, wanted to purchase a rental property for my daughter (7 years old). The idea being that over time the loan would b...
Hi BP Members,I have a passive investor lined up to provide the down payment on an investment property. I will find and manage the deal, and take out the mortgage under my name, and receive a portion of the profits fo...
Hi BP Community, I am new to real estate and am spending most of my time right now researching, learning, and networking as much as I can while working a full time job. My full time job provides pretty good flexibilit...
Currently own a 2 bed 2 bath condo as a second home. Daughter lives in one half, and we use other half as place to crash when we are in town. Looking to transfer ownership to daughter while minimizing transaction cost...
Does anyone have experience with parent to child real estate transfers in CA? I understand there is a mechanism that allows a child to buy a home from their parents and retain the original real estate tax basis under ...
A cross between Monopoly and Survivor - or maybe it was Clue and the Amazing Race: Clamazue! By the time we were finished creating the game, it was strictly a Black Diamond original. Bring your rehab skills to ...
Hi all,
I'm in escrow on my first real estate deal (ever), a vacant triplex in Northern California. I'm using FHA financing and everything has gone extremely well... until now.
Despite asking my mortgag...
Hello, I have a couple questions and I'm looking for advice. Check below. For market calculations, I'm in the San Antonio area.
About Me:
I'm 19. I'm moving closer to my college in the fall, and I'm looking at apart...
Hi,After contacting a few lenders I’ve realized that the down payment money can’t be a gift. Does anyone have an idea how rigid is this rule and if there is a way to work around it. I did receive funds from my parents...
- Name a time, you went ABOVE and BEYOND for your tenant!? - My story: This Christmas, we celebrated with one of our tenants, we bought the kids gifts and we have since formed an even better relationship. It wasn’t ne...