May 20, 2024
10:43:14am
10:43:14am
I have friends that did this for their kids. It can be structured just like a mortgage and requires interest to be paid
and repossessing the home if payments are not made. The benefit is that the interest can be very, very low...similar to what the rates were a few years back.
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- specsauce
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0% financing? Are they paying gift taxes then? I would think they are using a family loan which requires somewhere
May 20, 10:21am
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