Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
10+ investment analysis calculators
$1,000+/yr savings on landlord software
Lawyer-reviewed lease forms (annual only)
Unlimited access to the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Local Real Estate Networking
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
Eric Quezada
  • Investor
  • Fort Worth, TX
0
Votes |
2
Posts

Creative Financing Help

Eric Quezada
  • Investor
  • Fort Worth, TX
Posted

So i am brand new to REI, i have a mortgage on my primary residence and mother has decided to help me get started with investment properties by allowing me to leverage her home which is paid off. So i am looking for a lender to help me determine what are my options because i am not sure if i should simply be added to the deed or completely transfer into my name. My rough sketched idea was to transfer the deed to my name so i can do a cash out refinance on her home, then pay off my mortgage with the money so i can then apply for a HELOC on my residence since my plan is to start with the BRRRR strategy.

I would love any and all advice or tips on how i should proceed or how my potential plan is flawed.

Thanks everyone in advance!!

Loading replies...