All Forum Posts by: Roberto Treviño

Good afternoon BP community.   Recently my dad  has expressed the idea  of purchasing a home in DFW where he is currently renting. He came to me to see if   I would be open to co-owning the property. That would be his primary home.   He has concerns  about the maintenance, property taxes etc,  so maybe another option would be for me  to buy it and rent it  to him.  He said that  he has the 20%  to  put down.

Besides the  depreciation,  tax  benefits that I would get if  I was renting to him are there there any advantages on co-owning instead of  me renting to him?

Are there other things  that we would need to consider to see which option is  better?

Thank you in advance.

Roberto

Hi everyone. I am looking into buying my a second SFR. I would like your opinion on whether it would be better than finance the whole purchase with a HELOC from my primary residence or only get the down payment from there and get a traditional mortgage for the rest.

Thank you and look forward to your comments.

Hi Benji. How is your search in Denison Sherman coming along? We bought in Denison a small single family this year and going well so far.