Looking for some advice. My Grandfather recently passed and we found out that he stilled owed around 65k on the house. My grandmother doesn't have much income coming in, her mortgage payment is around $450/month.

I was considering trying to come up with a scenario where I can help her out and myself out. I think that house with a little bit of work will appraise somewhere around $120k-130k.

Trying to figure out a way to structure a deal where I can take over the property for her, and lower her payment somewhat and I then I can do some repairs and re finance it to get some cash to purchase another property. Any ideas?