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Adult Children
Reply to "Buying Property for Young Adult Children"
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[quote=Anonymous]We set it up so we paid our mortgage to my mom and step-father. They used the lowest legal interest rate. The idea was that if we were going to pay a mortgage, let's keep the money in the family, and we'd get it back one day anyways as an inheritance. So grateful for them. Obviously this kind of set up is for adult kids who are both financially literate and have secure jobs.[/quote]
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