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I realize there is a lot you don't know about family dynamics, the location, market, etc.

The main risks I would say to watch out for are any family dynamic issues that could arise as things like this could lead to issues that didn't exist previously.

It's not unheard of, but I couldn't understand why anyone would want to do that given there are so many other options out there.

please feel free to reach out if you are needing financing for your assignment deals!

Imagine getting 20-40% off many things others have to buy with post tax $’s.Don’t forget that “stepped up basis” if you have any heirs.

It IS required that you at least sign a RE-05 (Prior to Showing Agreement).

It's real simple math.Let's assume you bought it without any money down and just took over their existing loan of $4.375 at 4.28%.

Realistic returns on a project are in the 15-25% range. so if you ran it based on that the numbers are very close.

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