The parents of a young couple are purchasing a home for them. They applied for a loan and are approved however, because they already own a home and are not planning on selling it, it is considered an investment pro...
Hey all,My parents and I are tenants in common on a property we bought back in 2007. My wife, kids and I currently occupy the property and the ownership split is 25/75. My parents want to gift their portion of ownersh...
Hi All,
I am somewhat knowledgeable with real estate as I listen to the bigger pockets podcast, I have read The book on rental property investing by Brandon Turner, and I have watched countless number of videos on re...
I currently have a 30-yr fixed rate mortgage on a single family home that is my primary residence. My parents live there as well. I'm looking to move out and get a house with my girlfriend within the next few years an...
Hello all,
I have recently decided that I want to move to and buy my first MF property in Texas sometime near the end of 2022 or beginning of 2023. I currently live in California and want to spend my future in Texas ...
I have an investment property that I was going to flip but now plan on selling to my parents. This property is owned by my LLC. Thoughts on the best way to transfer the property. The plan is to sell at 80% of the fair...
Hey all,I was curious about tax implications regarding the condo I live in (primary residence since 2007) that I co-own with my parents (1031 exchange). They had a prior property that they 1031ed into this condo (and ...
I have been in talks with my parents about purchasing their current home and I'm renting at this time. Their mortgage is too high for them to afford but with my income/credit, I'd be able to purchase their property. T...
We're looking for some answers if anyone can offer insight, experience or help.Youngest of 4 children is a freshman in NC. We live and work in NY. We found a house to buy in her college town. She is 18, has worked eve...
Hello, My name is Liam Nichols. I am a 17 year old future real estate investor with lots of options. I am fairly educated in real estate. I have read multiple real estate related books, and I am an avid listener to th...