If you need financial help, ask under the "Finance, Tax, and Legal" forum.

With time and persistence, it can provide the kind of financial freedom many people only dream of.

If your debt to income ratio is good, you can control a $700-800k asset with $50k.

If they have a assets or a stable job with good pay, I would definitely go the lawsuit route and I would do this BEFORE they leave the property and you know where they are.

Account Closed said, income and assets are the only "hassle" with a conventional loan.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

Do you want your son to bet the financial outcome of his 20s on this seller's ability to make good choices? 

I would love to learn from and connect with those of you who partner with corporate hq folks (regardless of the "corporate" buyer) and offer them an inventory, or even one product/asset, for MTR/Corporate Housing.

Purchase Terms: Clearly outline the terms for your brother to purchase the property from you, including the timeline and price.To minimize the financial burden on your HELOC, refinance the property into a traditional mortgage as soon as possible.                                                                                           

Just make sure the numbers work for repayment and your overall financial goals.