Anthony Ervin
Seeking Information on Loan Products for Paying Off Parents' Mortgage
I am reaching out to you to seek information about which type of loan product to pursue. My brother and I are looking to help our parents pay off their mortgage so that they can retire without worrying about mortgage ...
Justin Mizell
Advice on how to acquire a rental from my parents.
Any help will be much appreciated! Situation: My parents own a rental property that they would like to get rid of in July of 2021. The property is worth $155k per the comps in the neighborhood and they owe $70k on...
Brian McCormick
Looking for Advice on Parent's Property/Potential Flip in NOVA?
Hi All -I'm looking for some guidance on options for my parent's house/my childhood home (I'm a newbie, so trying to think through if an opportunity exists here or if the NOVA/Washington DC market just isn't realistic...
Will Reynolds
Down payment help from a parent vs. co-sign mortgage?
If a generous parent wanted to help out with a first property, can/should they co-sign the mortgage? Or if it is down payment help, is there a particular way banks like to encounter that? Does it need to be seasoned, ...
Lionel Church
Moving my parents onto my property: ADU, Renovation, or Addition?
Hi all - buckle up because this is complicated. Would LOVE any advice you have on how i can solve this problem, or if you find any gaps in my assumptions.First, I'll start out with the end-goal: My parents are aging a...
Brett Rounkles
Parent LLC in Wyoming with child LLC’s out of state
I currently have my properties set up in my LLC’s but do not have a parent LLC set up. A lot of people mention to set up that parent LLC in Wyoming or Nevada. Thoughts as to why this is a benefit or more of a hassle? ...
Thomas Paine
Parents Deeding Family Cabin to 3 Son's WI Lake Cabin
Hello All,Thank you in advance for sharing your thoughts and expertise on the matter.We have a family Cabin we currently rent out on VRBO in Northern WI. My Parents are deeding the Cabin to the three sons. Each Son is...
Tommy Carey
Gift of Equity in exchange for freeing parents of Mortgage.
My parents are retirement age and my father has had to continue to work despite his declining health to pay off the remaining 100k of a refinanced loan they took. They want me to take over the loan and in exchange w...
David Czech
Adding parents to title on property after purchase? Help wanted..
Can someone advise on the process of adding parents on a title to a house after time of purchase? If I have a property and would like to put parents name on it, in the event of something happening to me, how does that...
Fateh Ahmad
Seeking Advice on Deed Arrangements as a coborrower for parents
Hey BiggerPockets community,
I hope you're all doing well! I'm reaching out for guidance as I embark on purchasing a new home for my parents. Here's a bit about my situation:
Last year, I bought my current house, an...