×

Go Back

Advice Topics

Top Contributors (View All)

Find a Top Real Estate Agent Near You

Search Now

best way to buy my parents a house and they pay ?

How can I help disabled parents out and buy a house that they could pay mortgage payments on or pay payments to me with out having to charge them fair market value or major tax issues for me. There credit isn’t great and they are elderly and on a fixed income, trying to figure out best way for both of us
Asked By Valerie Henderson | Mary’s I’ll ohio, FL | 812 views | Buying | Updated 1 year ago
Answers (3)
Sort By:
profile img
Expert
365 Answers
Amanda Courtney

REP Realty Group

(13)

Options include buying it yourself and renting to them, co signing with them, or they purchase with your financial help. Each has tax and lending implications, so talk with a lender and CPA to structure it correctly.
profile img
Pro
116 Answers
Julianne Clark

Charter One Realty

(48)

Hi Valerie -- you could purchase and investment property and "rent" to your parents. If you are financially able -- that might be the simplest route. Talk to a local lender and your accountant/financial advisor. Julianne

Are you ready to find a top agent near you?

Browse profiles of the highest ranked agents in your area and find one that meets your specific needs.

Search
profile img
Novice
2 Answers
James J Zito III

Zito Realty LLC

(5)

We would love to go over that question in detail. When you have time please contact us www.JamesZito.com Zito Realty LLC

Related Questions

Search for Agents by Top U.S Cities
Search for Agents by States
Search for Company by States