Question Details

utbrian2003, Other/Just Looking in Dallas, TX

Buying a condo for my in-laws...

Asked by utbrian2003, Dallas, TX Mon Jun 30, 2008

We have a 30 year mortgage and 15 year secondary mortgage, will we be able to get another 15 or 30 year mortgage to help pay for my elderly in-laws condo? They're on a fixed income and we would likely be responsible for at least half of the monthly payments. Does it make more sense to get the mortgage in their name and have us co-sign?

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