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Results (10000)
Mike Franco What kind of loan would my retired parents qualify for?
17 June 2019 | 5 replies

Retired parents have $1M liquid cash in the bank, looking to buy a $500k home with 20% down.Clearly they have enough to buy in cash, but the plan is to use other peoples money and have the rent cover the monthly payme...

R.J. Mazolewski Strategies for a cosigning parent for first real estate purchase
12 August 2020 | 4 replies

Hi all,I am wondering if anyone has experienced cosigning with a parent for a home loan and what the best strategy with this approach would be. I have recently started my first job out of school and live in an expensi...

Justin Yen Living with parents: BRRRR or House Hack in expensive market
6 September 2020 | 5 replies

Hello BP!Due to Corona and my wife’s surgery—we’re currently living with my family in the NJ/NYC area where cost of living is high so we’re able to save in rent. Currently we only have 50-60K saved up. We’ve been dyin...

Will Kilby Private money loan from parents for a fix and flip
30 January 2021 | 0 replies

I posted about structuring a partner deal with my parents a couple weeks ago, and I think we've decided on a private money loan, so I'm just trying to figure out the best way to get started so I can be ready to write ...

Elvira Longoria Can I refinance my Parent's dilapidated house to make repairs?
1 October 2020 | 2 replies

I am looking for a way to refinance repairs to my parent's old home that suffered fire damage some 8 years ago. It's been in a state of disrepair for so long due to funds being unavailable. My parents both no longer w...

David Grewar Looking for advice when transferring deed from parent to child
4 October 2020 | 1 reply

The home in question is in Florida and there is still a small mortgage on the property. The parent will stay living at the property but POA will hopefully be used to transfer ownership to their adult child 
Will this...

Michelle Manning Series LLC vs Parent company LLC for properties in Texas
9 October 2020 | 8 replies

I recently began my journey to Fast FIRE through multifamily rental properties.  My husband and I are both MDs, so asset protection is always a key motivation for us. I set up an LLC prior to purchasing my first prope...

Account Closed Parents and I have property that is surrounded by commercial
4 December 2016 | 6 replies

Back story: My parents bought an acre lot with a house taking up around 2800sq/ft of the acre lot back when it was surrounded by agriculture land.Fast forward a decade or so, the surrounding land has become commercial...

Gabriel A. Friend inherited $215k condo from parents. What should he do?
12 October 2018 | 7 replies

A friend of mine works in IT inherited a 2 BR 2 Bath condo in the Falls Church area from his parents when they decided to move out of the country. He currently lives there with his sister. Similar condos in the buildi...