Updated over 5 years ago on . Most recent reply

Gifted property from relative
So my relative is gifting me a property. Have no idea how that process works or how much it could cost?
Looking to keep property in family but rehab and rent out. Owner currently owes under 15k on property but looking to pay off in lump sum before gifting.
Is this Brrrr strategy applicable here minus the “Buy”?
Thank you all helps!
:)