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[quote=Anonymous]Early retired big law partner here.   I did this twice.

One of my kids had just started a job that paid plenty enough to afford a mortgage on the condo they wanted, but didn’t have a long enough work history to qualify for a conventional mortgage, so I bought the place all cash before giving them a mortgage through National Family Mortgage.  This is the website:  https://www.nationalfamilymortgage.com/.  It’s a company that specializes in “intra-family” mortgages where everything is on the up and up.  Eventually my kid refinanced into a conventional mortgage through a professional lender and paid off the mortgage that I provided.

More recently, with a second kid, I bought a house a rented it to them and their spouse at full market rent.  I pay the mortgage and utilities and write off these expenses against the rental income.  Again, we are talking about a completely arms length transaction.  When they are ready to move on, we will very likely just sell the place.

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