So my grandmother is 80 years old and just stopped working officially last week.She owns a home and stills pays a mortgage on the property and since shes no longer working,does not have the means to pay her mortgage any more.I currently live with her and told her i wouldnt mind paying the full mortgage costs and all the bills that entail in owning a home but i would like to be a co-owner and when she passes the sole owner of the property.The house has been appraised at around 400 thousand and she owes currently about 225 thousand.I wanna know what options i have that maybe i havent heard of or seen,any insight or ideas are greatly appreciated.Thanks in advance,Alex.

Originally posted by @Alex Fortsch:I'm surprised nobody has expressed concern over the source of down payment.Apart from the concerns regarding building enough value to cash out refinance, the OP intends to use the cash to repay his parents, for the "gift" they gave him for the down payment.If the gift is truly that, it shouldn't need to be repaid.

Hi Alex - welcome to the community.

@John Leavelle @Alex R. 

@Alex Bekeza Interesting. 

Hey All, My names Ross Alex. 

@Alex Arter , I like Robert Kiyosaki's books and a surprisingly great book has been "How come that idiot's rich and I'm not" by Robert Shemin. 

@Alex Franks sure. would that be before or after we meet for lunch saturday?

Yet it is an incredible great city Alex

Originally posted by @Alex V.