The point is if you're a consumer banking customer you don't offer what their business model is designed for.

I started back when they were in Beta mode and free so I've seen them grow quite a bit.

I made a few thousand less than expected but I figure that's just the cost of doing business sometimes.Based on my experience I wouldn't let the remote possibility that a homeowner might go into greed mode dissuade you from doing these deals.

Interest rates are going to have to come down because there's no way the federal government can afford long-term interest payments at these higher levels, and other countries are going to buy our debt even if their return sucks because there's no realistic viable alternative.

Rates in this range are also typically higher, making it tough to achieve viable cash flow.A more practical and attainable option would be 20-25% down.

==========================My relative is asking if this is a viable way to legally avoid having to pay taxes:STEP 1: SELL PRIMARY RESIDENCE (House A)-Sell primary residence to son-in-law for cost basis + $500K-File gift tax form for difference between sale price & market value-Not pay capital gains on $500K due to personal exemption.STEP 2: SELL RENTAL PROPERTIES-Do 1031 exchange and buy House A back from son-in-law-Rent out House A for 1 year before move back in==========================Thoughts?

It gets you entry into real estate investing and can be a viable path in an expensive market.

I get where you're coming from, through the eyes of your CPA who has to process and file all of the tax forms and keep track of the basis in the Roth IRA it is less work and red tape to just take it from a brokerage account but at the end of the day it's a viable strategy to use the Roth the way you're describing.

This model is insanely risky for everyone involved for a multitude of reasons.

Does this really work and how do you make the strategy viable?