My grandma happens to be very old and her health is failing and I recently talked with my parents about buying her house from them after she passes. They agreed and are willing to sell it at a HUGE discount to me when...
I'm going in on a flip with a friend and we're borrowing all the capital from her dad. Probably about $120,000 all together. What's a fair return we should pay him or what's fair for him to charge? Sorry I'm sure this...
My dad has inherited a home from his parents and wants to create a real estate business together. I am a lawyer by trade but neither of us have any real estate investment experience. I've been researching a few option...
Ok BP family……. What is the best time of the year to buy as an investor? Thanksgiving/Christmas, in my opinion offers an excellent time given the fact that most Americans are spending money on gifts, etc, tax season o...
Investment Info:
Small multi-family (2-4 units) commercial investment investment in Grand Rapids.
Purchase price: $120,000
Cash invested: $400,000
Sale price: $300,000
5,000 SQFT 2 Story Historic...
I need to know how would you approach the following scenario.
You have a friend that owes your family some money, so he will be giving you 50k. He has the money in his bank account.
Logistics wise, would it be bet...
Real estate investors who feel like they may have missed out on the big foreclosure opportunity of the last few years should think again. According to a recent report by Esther Cho on DSNews.com, the shadow inventory...
Hey I just got approved for my Heloc and am ready to invest in my first official rental property. (I already have one but it was gifted to me)I'm kind of nervous to draw from it given our current economic times. Basic...
Hello, I'm looking for options/opinions/ideas on how to basically take over ownership of a retiring family members townhouse in northern virginia, for the purposes of renting it out long term.You probably ask, "Why do...
Hi,After contacting a few lenders I’ve realized that the down payment money can’t be a gift. Does anyone have an idea how rigid is this rule and if there is a way to work around it. I did receive funds from my parents...