Marie Poe gave you a great example.When I approach this type of situation I like to have more in depth info before I propose solutions to the seller. ( sellers expectations, wants & needs, current rent, market rent, expenses, existing loan balance & terms etc.)It would be cool if this transaction could be done using your IRA (or someone else's) to buy an option.

How hard you work and how good at that work you are will be the determining factors.The fact that you took out a loan and ended up with payments that you did not anticipate tells me you acted without proper due diligence or understanding of the loan you took out.

Unless you are thinking about buying a home that requires an FHA loan, the increases in mortgage insurance are pretty ridiculous. you're looking at 1.75% of your loan balance in up front mortgage insurance fee, and as high as 1.3% in annual mortgage insurance (for the life of the loan).Hope this helps.

If sold on an installment sale, the balance of the purchase price ($57K if sold at $92) will be taxed only when received at the long term capital gains tax rate in effect for the tax year in which installments are received.

Like could she even give away 1/4 ownership to the stepson if she didn't have proper title at the time?

With the amount of time it takes to analyze and trade properly I can do so much more with what I already am very good at which is real estate.Both of the people mentioned above have real estate holdings.

I'll assume you are able to manage your investment from afar or are closer to the opportunity to be able to properly manage.5.

RE math is not difficult, what can be difficult is to know when to divide instead of multiply or how to set up a simple equation, recognize the proper way to set up the math problem.Can you sell ideas, concepts or things?

Many operated without an agreement and proper documentation.

If it turns out that combining households is the proper way to go, let that fall out of the evaluations.