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Updated over 9 years ago,

Kyle M.'s profile image
Kyle M.'s profile image
Kyle M.
  • from Staten Island, New York
  • Member since Feb 22, 2015
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Kyle M.'s profile image
Kyle M.'s profile image
Kyle M.
  • from Staten Island, New York
  • Member since Feb 22, 2015
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Kyle M.
  • Staten Island, NY
1
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2
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Buying & Selling Real Estate

In laws

Kyle M.
  • Staten Island, NY
Posted

I currently own a condo that my wife and I live in. My in laws own a nice home, and will be looking to downsize in the future. (5-7 years) They have mentioned somehow letting us buy their current home, and renting the condo from us. 

I would like to profit from my condo somehow. Either via cash flow in rent, or a purchase. (We have done some work to it to increase its value) However, I cannot justify charging market value to my in laws in rent. 

What are some strategies I can use to profit from buying their house, and letting them move in to my condo? 

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