Very new to Investing and not sure what to do about this chance.

[DaVonte McClam]

My parents may lose there home. I, after studying real estate for about five months and obsessively reading books I have recognized I may be able to help! Here’s the beans.

Parents owe 140,000 home is worth about 325,000. I would like to buy there home for 325,000. My parents have agreed to give me 100,000 back and would use the rest to renovate the property. I want to use that 100,000 for down payments and to increase my credit for future investments.

Looking for advice/thoughts. The property is in Palmdale CA.