William Hernandez
Assisted Housing for the Disabled
Hello Fellow BP'ersI'm looking to purchase either mutli-family units or a SFR to convert to assisted living facilities for the disabled or pregnant mothers to be that need a temporary home. I understand there are vari...
Mike McGuire
Grandfathers LLC /Trust
My grandfather had an LLC in his name set up as a partnership and also a living trust. My siblings and I were 15% "owners" and my mother was 60%....something like that!I had to file a 10-K every year for earnings/los...
Reade Milner
Seller Finance Deal, Low cash flow, but $0 down
My wife and I are considering buying my mother-in-law's house in a seller-financing deal to use as a rental property investment.Here are the details:- Purchase price: $150K - Interest rate: 4%- Mortgage: $668- Expect...
Jasmine Washington
Lender Not Accepting Payment- Foreclosure Looming
Working with a seller who has a property he has inherited from his mother. He is on the deed, but not on the loan. He has been paying the mortgage, maybe partially, and it has been transferred multiple times, currentl...
Federico Gutierrez
Do you give your tenants gifts?
Having a discussion with my mother and father who I see are very successful investors. Owning 12 rental properties all fully occupied through out the year in Cairns Australia. My mother is going on the routine inspect...
Bubba McCants
family selling property left in a Will
I had a question from a customer today and would love to know best practices on how to handle.His Mother owns a home and has a Will naming her son as the beneficiary, is there anything else that should be done? Would...
Joe Boggin
is this lender too conservative?
my mothered transferred the deed from her primary residence to my two brothers and myself. the note is being paid for by my mother. my brothers and myself are not on the loan...just the title. my one brother is in ...
Account Closed
Name spelled wrong on Deed, Address is Wrong. It used to be right
My mother recently passed away leaving her home to my aunt and I as joint tenants. On 5-2-16 someone filed a "affidavit term of joint tenancy" to take my mothers name off since she is deceased to make a clear title. P...
Armand P.
Mortgage Loan Scenario and Innovative strategies for HELOC use
Hello,I have two separate scenarios regarding lending so I will break it down.First, I own a primary residence in (bay area) peninsula that my mother currently lives in and I recently took out a HELOC. I live with my ...
Carol Venolia
What's your experience with having a co-signer on a lease?
Lately, several potential tenants whose income didn't meet the 1/3 guideline (monthly income should be 3 times the rent) have offered to have a co-signer. The idea gives me the willies, and so far I've declined to go ...