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Updated over 7 years ago,
Buying house from parents at half price, investing other half
Hey BP community, my wife and I will be purchasing our newly remodeled home from her parents at less than half the appraised value. My plan is to still get a loan on the house at appraised value( 80%LTV), pay off her parents and use the rest to invest.
Any pointers on loan products that would LEGALLY allow this?
Thanks!