Jeff Irwin
Deceased Parents home is Co owned by myself and sister
it is about to go on the market. However, I was wondering if I should buy my sister out since I already have half the equity and turn it into a rental? Selling price would be approx 180,000 and rents for nice homes i...
Anthony Sinigaglio
Can my parents just straight up give me their house?
My dad and I have partnered up to invest in real estate. His credit is lousy but his house is paid off. My credit is good. Can he just give me his house, and later on I utilize the equity and my credit score for a refi?
Samantha Piccone
Parents using a 1031 to help me buy a home.
I am very new to this and would appreciate some advice about my situation. My parents had a couple investment properties, plus a primary residence they are selling, and want to use that money to buy me a home in the w...
Melanie McDaniel
I need an Austin referral agent for a client’s parents
Hey fellow agents! I have a client who has parents in Austin looking for an agent. They are purchasing a home to live in but are looking for something that will be a great investment in the long run. I know the Austin...
Carly M.
Inherited tenant - parents living there refuse to sign a lease.
I just bought a duplex with an inherited tenant who is under market value in rent. She is paying $1,000 when the market value is $1500. I gave her a lease to sign that is month to month. The rent will stay at $1,000 f...
Kelli Tarantino
Parents/daughter on cash purchase contract, can daughter get loan
My husband and I are in the process of purchasing a home for cash, and my daughter (who has pre-qualified for a loan) wants to live in the home and take out a loan to pay for it. We are going to ask the seller if it's...
Adam Franco
Buying house from parents at half price, investing other half
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 ...
Steven Bennett
Underwriting: owner occupied loan by child providing for a parent
Hi folks,I have a question regarding Fannie Mae's owner occupied financing option for "Children wanting to provide housing for parents":https://www.fanniemae.com/content/guide/selling/b2...What information about my pa...
Darryl Gill
Newbie looking for guidance with parents rental about deed/title
Hi BP community,First I wanted to say, 'Hi' to the community. I've been listening to podcasts and been learning a lot. Yes, I want to have a few real estate investments, but first I have a scenario I hope someone ca...
Tracey Hamilton
Separate or parent LLCs for Flip business and Contracting busines
My husband and I have an LLC for our general contracting company, whose sole client will be our flip business. I am thinking we need a separate LLC for the flip business, but should the flip business be the full owne...