Selling 50% of property to a friend

Discussion in 'Loans & Mortgage Brokers' started by NHG, 6th Jun, 2018.

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  1. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    Thats a personal decision you will need to make.

    Another option may be for your dad to borrow more money and use this to pay the principal component.
     
    Terry_w, 7th Jun, 2018
    #21
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  2. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    Of vendor finance - sell a part on an installment contract.
     
    Terry_w, 7th Jun, 2018
    #22
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  3. Omnidragon

    Omnidragon Well-Known Member

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    Sounds like a terrible idea. Good luck.
     
    Omnidragon, 11th Jun, 2018
    #23
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