Marshall Leipprandt
Co-Borrowing w/ In-Laws
My wife and I are looking to buy an investment property in FL near her parents. We currently live in CA, but will most likely be moving to FL in the next 5-10 years. We pitched the investment property to her parents, ...
Jay Gibson
Gift of Equity and tax implications
I am purchasing a house from my parents under market value. FMV is $450k. My parents need to net $310k from house once everything is done. The lender is suggesting a sales price of 450k and a loan amount of 326k with...
Kenny Rains
Is This Version of House-Hacking Viable?
I am looking to purchase a multi-family home in Q1 2018. One strategy to accomplish this goal is to purchase a duplex along with my parents. The duplex would not be an investment property for them as they would use on...
Vickie Bruce
what to do about property that is in both mine and sisters name
My sister and I have 20 acres in Poolville, TX. The property was bought by my parents in the 80's and put in our names then. I have since had a home built on the 20 acres next to my parents house and have lived ther...
Kyle Cross
Is investing with family inheritance a good idea?
I am a 23 year old who recently graduated from college with a business degree focusing on real estate finance and development. I have been working the last 6 months as a commercial real estate agent focusing on retail...
Rob Redcay
Lender's title insurance in a family loan
Hi gang,I'm excited to be here and to get wisdom from all of you. My wife and I are buying are first home in LA. We're "cash buyers" but behind the scenes, my parents are loaning us about 70% of the price.As part of t...
Nghi Le
Buying Family Property
My friend and her parents want to create new living space in their huge detached garage (i.e. turn it into a 3/1.5 house), move into it, rehab their house, and then rent it out.They were considering between taking a H...
Kate Pasinelli
Perspective on family partnership/buyout investment
Looking for some perspective on a family dynamic investment situation. Last year my parents/ husband and I partnered on a 12 unit apartment complex. I asked my parents to be active partners and he took out a Home Line...
Larry T.
vandalism by minors-need advice
Hi everyone, over the weekend of the 4th, about 5-6 teenagers got up on the second floor balcony of a 4-plex that we are renovating (which is currently vacant due to work being done) and they kicked of large portions ...
J Scott
For a change...
For a change of pace, instead of pointing out all the things that are going more and more wrong with this country, here's an example of something that's actually going right:
http://www.chicagotribune.com/features/ha...