Parents would like to do a 1031 exchange to a new house for their daughter and son-in-law to live in. Daughter and Husband would pay market rent, but are hoping to be actually be building equity in order to take owner...
Me: great W-2 income, excellent credit, practically 0 debt, plenty of savings, west coast. Mom: fixed income, retired, renter, worried about rent increasing, east coast. While looking for my first RE investment, my mo...
Good morning fellow BPers.
I have a unit where I've rented to the same gal for 3 years. She has been an ideal tenant--very clean and rent is always on time. Two months ago her boyfriend moved in who is an architect....
Hey BP community, my wife and I will be purchasing our newly remodeled home from her parents at less than half the appraised value. My plan is to still get a loan on the house at appraised value( 80%LTV), pay off her ...
We are looking for input immediately- our loan is set to be confirmed by 5pm ET today! My wife and I have a 3 family in Boston under contract set to close on Monday. We will be living in one of the units, we are using...
Hi all
I am purchasing a property that is not worth much, but I will be pouring a ton of sweat equity and CASH for the next few years. I will own it free and clear now, and when it is done with rehab. Current value a...
Would a lender loan 75% LTV if the 25% down payment was covered by seller financing?
Also, if I raised or borrowed (say...from a family member) the 25% downpayment would a lender approve a loan?
Any other creative i...
My mother is nearing the end of her working life and wants out of her 3 investment properties. I want to began my investing career at this time. Ideally I would like to have the properties transferred to me and I woul...
so, this evening as i spoke to my wife about a property i have found that i am interested in. We got into a deeper discussion about managing rental properties/goals/etc. I think she actually had a really good idea.she...
Hey guys,My dad just threw an unexpected curveball at my two older brothers and I, saying he wants to reduce his and my mom's tax liability/burden by unloading one of his properties (a 1 bed condo/apartment unit on th...