As a result it is currently listed on AirBnB.Thing is I feel worried cuz we gambled on our first property, looks to have worked out good.

Outside of that, I convinced her it's taking a gamble on me overall, but that my track record professionally and personally justifies it.

I think it's a good place to get a bit of cash flow and appreciation without making a huge gamble like a lot of the folks 30 miles north are doing! 

This is a gamble though, because you are not sure how long she will be alive for, and you cannot foresee future market conditions.

I would not want to gamble my personal money on pricing services that have just called around to formulate unit prices.Lastly, I know everyone want to be on a budget and save money where possible.  

Hello everyone,I asked in another forum how I could take over a mortgage loan (37K ) (home value 100-120k) for a disabled family member was told the best course of action is "to find a local lender familiar with the nuances of gifts of equity AND the "principal residence guidelines apply if..." exceptions for if/when you are providing housing for a disabled/sick/retired parent (which you ARE doing it sounds like, so this isn't being sneaky or fraudulent).

Does this really help reduce fraudulent transactions?

It would be fraudulent to obtain an owner occupied loan with that low rate and immediately rent it out however you can't go the commercial lending route without a tenant lined up.  

This company is FRAUDULENT.

At some point we will encounter a correction but I would not gamble on it being imminent.