@Jeremy KarjaYou have issues with both: your wife and father, they are considered “disqualified persons” to your IRA.

Father and two brothers form a Family LP.

If your father is looking for a Duplex to live in one and rent out the other...Check The Pointes, St Clair Shores, Dearborn Heights, Harrison Twp...If his Pockets are a little deeper, Troy, and Birmingham has some options.

My father used a 100k HELOC to down pay on 4 other 100kish properties by putting 25% down on each and financing the rest through local banks.

My father is a 'Rich Dad, Poor Dad' guy, so I'm sure he'd be willing to jump on board as an active investor.

My name is Daniel and I was recently told by my father to read rich dad poor dad, as well as Ken McElroy's ABC's of Real Estate Investing...

My father purchased a hoarders house recently and it smelled like cat feces.

Thanks Curt & Zeke , I used to work in architectural design for my fathers construction company here in Columbus OH, I use Sketchup for quick renderings, layout for my blueprints, and Lumion for my renderings!

It seems that it might be less costly in the long run to just pay the taxes and make the money back on flips.My father is 70 and retired.

Now, my father has 35%, soon to be 85% after the deceased Co owners estate is settled and me, my brother and sister have 5% each.