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Updated over 4 years ago on . Most recent reply

Phill McDonald's profile image
Phill McDonald's profile image
Phill McDonald
  • from Los Molinos, CA
  • Member since Apr 8, 2020
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Phill McDonald's profile image
Phill McDonald's profile image
Phill McDonald
  • from Los Molinos, CA
  • Member since Apr 8, 2020
Connect
Phill McDonald
  • Los Molinos, CA
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Starting Out

Taking over mom's house.

Phill McDonald
  • Los Molinos, CA
Posted

My mother asked me recently if I'd like to take over her house. I've decided I want to, now I need some creative financial ideas to get this going. Here are the details:

She has $50,000.0 equity, owes 120,000.0

Has a great interest rate, and low payments.

How can I keep these loan terms in place, yet transfer the property into my name?

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