Vanessa Willard
To ask or nah? Family investments...
I know my relatives have money I could borrow, but I'm having trouble getting them to see past me being younger and so forth. How would you convince your relatives to invest?
Sergiu Spinu
proof of funds please help
Hello
I made an offer for a property(foreclosure) and the bank accepted it.I did not know that will be so quick because i made 5 offers before for other property witch was not accepted....Anyway the bank wants to se...
William E.
Question about splitting up a partnership.
you always hear:"don't start without a plan""make sure you have everything in writing""don't get involved in business with family/friends"yea yea.. i'm in a situation. It won't happen again, but in the mean time, i wo...
Meti Kay
Raising rent question for NYC
A relative owns a 4 units non rent stabilized building in one of the 5 Boro's in NYC. There having an issue with a tenant who's leave expired 3 months ago and want to raise the rent (current rent $1650 2 bedrooms huge...
N/A N/A
Land Contract
Can anyone tell me exactly how to use a land contract and where to find the form. I am selling a house to a relative that can't qualify for a loan at this time and someone mentioned doing a land contract on the prope...
Anup Jung Karki
Buying mutli tenant property
Hello,How to find multi tenant commercial properties like stripes? I looked in loopnet and different mls but I could not find anything suitable, is there any specific mls that’s used in commercial real estate investin...
Joe Crupi
Landlord or Homeowner Better for Taxes?
Hope this makes sense, but was listening to episode 269 with Amanda Han and Brandon Hall, and it got me wondering.Is there any real net- benefit from owning a relatives home and having them pay you rent versus them si...
Andy R.
Who claims income w/ 50% ownership
Hello all,I’m in the process of doing taxes and my CPA is suggesting I split my income and expenses 50/50.I have a mortgage on a property with a relative (to help me qualify for the mortgage) and my relative is also o...
Steve Kirsch
options of a reverse mortgage
Hello BP Peers,I have a relative who is looking to move and retire to another state from where she resides. She has a condo now with a remaining mortgage of about $100K. The condo's un-appraised value is approx $250K....
Michael Russell
First Deal Partnership Structure
Hello all,
For my first deal, I will be partnering with a relative who will bring the financing while I manage and do all the ground work. He willing to let me use his money at no interest, and I am looking for some ...