It also has a large plot of land that could potentially be subdivided and another home can be built on the half acre.Does anyone have personal experience they can share on do/don'ts of purchasing a historical home?

I think he paid less than half of the mortgage payments over the period.Ultimately, be so thankful for your parents generosity and help.

You can otoh take out a loan against it up to 50k or half of its value up to 50k and use that but it will have to be paid back.

wow, what a great story with your wife, if I was half, heck even a third as successful in my first year as an agent id be thrilled.

So each side 900sf, plus half basement is finished.Thanks,Serj

I think it would be unjust to the wife to credit the husband half the payoff value of this note (approximately $70k). 

I think it would be unjust to the wife to credit the husband half the payoff value of this note (approximately $70k).

In the event of a divorce if she gets half of the properties he would control business decisions while she gets half of the profits only.

I am very interested in a live in flip or a multi family that I can live in and rent the other half out.

I would get paid half the profit, but I do 100% of the work.