Hi all,My wife and I are set to close on our first rental property next month which we plan to manage ourselves and we also manage a rental property that is owned by my parents. We both have income from W-2 jobs but m...
So I help pay for my parent's housing right now. I can no longer afford to do so and am looking for alternatives. I figured house hacking should be the way to go. I originally wanted to put it under my parent's name b...
I am only 14 years old and I am look into real estate so I agreed to help my parents buy their first home. My father recently filed for bankruptcy and my mother a good credit so I was wondering what kind of programs s...
The parent is the only person that will be renting there. Do I ask both the son and father to apply even though the son will not be living there? Should they both be on the lease, or do I need to setup some type of gu...
Hello Bp,
I would like some feedback on this creative financing I am trying to do.
I have done 2 successful flips and also have one 1 buy and hold.
Now that I have a little skin in the game I’d like to ask my dad ...
Hello. Can anyone explain how an assumable loan works? I want to help out my parents with their mortgage payments. Can I make a mortgage payment to the lender on their behalf without any consequences to me or them?...
Hello,New to the forums, just started reading articles and listening to the podcasts. Just listened to the one about planning for death a couple weeks ago and then yesterday my father calls me to get my opinion on a q...
Newbie trying to learn and exploring some creative ideas to start investing.My Sister and I inherited a family property (50/50) with only 30K Heloc/mortgage that we have invested 20K between us to renovate and are pre...
I am doing taxes for my parents. They have a home that they bought 30+ yrs ago. In Jun 2011, they moved in with my brother and rented out their home for income. Besides social security, that is the only source of i...
Hello,Did a search on BP but didn't see exactly an answer for this question.My parents have a property under my dads personal name. We are doing a 1031 exchange on a property we are selling to purchase a retail plaza...