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Updated about 2 years ago on . Most recent reply

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Harry Shmelts
  • Member since Feb 26, 2023
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Harry Shmelts's profile image
Harry Shmelts's profile image
Harry Shmelts
  • Member since Feb 26, 2023
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Harry Shmelts
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7
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Starting Out

Will getting a family members house under my name affect future investing?

Harry Shmelts
Posted

My mother is offering to put her house under my name, it is worth 400k currently and only about 50k left to payoff. She would make all of the payments and I would just need to get the loan transferred to myself. Is there any positives or negatives to this situation? 

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