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Updated over 9 years ago,

User Stats

59
Posts
17
Votes
Jane George
  • Residential Real Estate Agent
  • Fort Worth, TX
17
Votes |
59
Posts

Can a cash buyer buy in his mother's name?

Jane George
  • Residential Real Estate Agent
  • Fort Worth, TX
Posted

I'm an agent in Texas. An investor contacted me wanting to buy a house using his money but buy in his mom's name (her on the deed, not him). She is okay with it and he has the money, I have seen his bank statement. He is not gifting the money to her. He is buying to rehab and re-sell. Is this legit?

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