A family member pays rent on my investment property and wants to pay off the rest of the mortgage via a personal loan. Theyre not on the loan or title. Is this possibile?
I might need a little more context with what they plan to do after the mortgage is paid off. Are they wanting to take ownership of the property after the mortgage is paid or where they doing this as a 'gift' and letting you keep ownership?
It would be as a gift.
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