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who2ted

How to take title

who2ted
9 years ago

We are selling our current house and moving closer to family. Our daughter is willing to invest 50/50 in a home in the neighborhood of $200k. She would put $40,000 down, we would put $100K down and she would mortgage the remaining $60K. That would leave us with a good additional sum in the bank. Can the financing be in her name and title in both of ours. Maybe form an LLC? Trust?

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