All Forum Posts by: Account Closed
Account Closed has started 2 posts and replied 3 times.
Post: Buying House From Mother - NEED ADVICE
- San Diego, CA
- Posts 3
- Votes 2
Post: Buying House From Mother - NEED ADVICE
- San Diego, CA
- Posts 3
- Votes 2
Hi BP,
My mother will be moving out of her house soon and and is looking to sell it. I would be getting a portion of the sale profit but am considering buying the house from her for a discounted price and renting it out since it is only 12 years old. Would it be easier to do a quitclaim or just use an agent like a normal sale? Any advice on this would be greatly appreciated.
Thanks!
Tim
Post: Up-and-comer in San Diego, CA
- San Diego, CA
- Posts 3
- Votes 2
Hi BP Community,
My name is Tim Dixon, 25 years old and currently working as a Software Quality Analyst in San Diego.
My goals right now are to learn as much as possible, network and position myself for my first investment in a rental property (I know I will probably have to look out of state for good cashflow). I'd like to start wholesaling and investing in apartment/single-family rental properties and then possibly fix and flips and larger rental properties. A big reason I have been trying to learn as much about real estate as fast as possible is out of necessity to work out a family situation (will put more info in a separate post to get some feedback).
I'm looking forward to being more involved in this community.