What and how to move forward

[Matt Moore]

I posted a few weeks ago about attempting to acquire a property from my mother in which she wants nothing to do with by the end of the year which is located in a different state and is a condo in an HOA. It's a 2 bed 2.5 bath in St Peters MO and I'm waiting on a response if it's allowed to be rented besides just a long term rental and they said they need to contact a specialist for an answer. Also at the same time I'm in a program with a local bank to get 5k for a down payment on a property as I want to purchase a small multi family to live in and I have an additional 5 to 10k to put down. I'll need financing to update the property out of state at the same time. How should I attack this? Ideas or advice? I'd prefer to rent it and not sell

[Jerell Edmonds]

Okay got you. Your mom could transfer ownership into your name if she willing to let go of the property.