I'm looking to help my parents when they retire in the next few months/years. I've been looking for creative ways that i can somehow get a duplex so they can live in one unit while i can rent the other out. I don't want to use a regular conventional loan myself and neither do they to avoid using a big chunk of money they want to save. They don't have too much saved for retirement which is why I believe this will help them and myself in the long run since i want to invest in real estate anyway. Is it possible for them to use an FHA loan and i can fund the deal? If we purchase it together can it still qualify as an FHA? I'm looking for some Creative Financing to get this done in a way it can benefit them for retirement
Free eBook from BiggerPockets!
Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!
- Actionable advice for getting started,
- Discover the 10 Most Lucrative Real Estate Niches,
- Learn how to get started with or without money,
- Explore Real-Life Strategies for Building Wealth,
- And a LOT more.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you