Michael Costello
Buying a property from mother in law
First can I buy my mother in laws rental property in a self directed IRA? Secondly, she is consigned on my house which I live in. Could she use the funds from her selling me her rental to pay off the home she is cosig...
Bryan Lajoie
RE (STR) Investing to offset W2 income/tax
Planning ahead for FIRE, we would like to start accumulating more RE to use as short term (Airbnb) rentals. We like the idea of a furnished, marketed short-term rental over something longer term as it offers the abili...
Sean Dougherty
Will foreclosure effect owner of recently inheritted home.
I am in negotiations with an owner (son of deceased) who has recently inherited a home through a living trust. Before the original owners (parents) passed away they had fallen behind on their mortgage. Now the propert...
Account Closed
I have $100k. How should I start?
I am a new member here. I've saved around $100k and am evaluating investment options. I initially considered adding to mutual funds, but I want to diversify, and my wife and I have really enjoyed house-hunting, paint...
Julia Parton
MHP Lot Lease
Just closed on our first MHP 2 weeks ago. 17 lots with 11 rented currently. Comprised of 6 mobile homes, (1 owned) 5 RV'S, and 1 House. I'm looking to update the lot leases and I'm having a hard time finding anythin...
Nghi Le
Taking Over a Mortgage Loan
My parents currently own a home in Seattle, Washington. It's worth about $160k, and they owe an FHA loan of about $140k on it. I recently purchased my first home and moved my parents in with me so that they can cash...
Ryan MacDonald
Buying from a private seller
My wife and I are looking to buy a primary residence and we are looking in specific neighborhoods within our destination city in central Texas. I just found out that there is a FSBO home currently in one of our targe...
Nick Murray
Kentucky to Tennessee Rental Exchange
I am selling a rental home that I own 50% of in Northern Kentucky (just south of Cincinnati). I want to execute a 1031 exchange for a rental home in Chattanooga. I have read about them online, but am looking for parti...
Jon Ostojic
Question about selling home with assumable FHA loan
Hello all. Thanks ahead of time for the time and input. So we bought our first home in 2009 with an FHA loan at 3.75%. I know the load is assumable. We moved and have rented it out for about 5 years. We want to sell a...
Joe S.
Change the roof on a BRRRR?
One author recommends replacing the roof on houses that you are going to BRRRR. The logic behind this is that the appraiser will give more value to the home and you have just affectively financed a new roof. If that h...