> From: Bhavani <http://www.juno.com/~bhavaniowl> > Date: Sat, 11 Mar 2017 22:14:19 -0700 > > Yes bigger but costs mucho less than where-I-live... We will keep you posted. > Trying to get it for $250,000. Our condo was $144,000 when we purchased it. OK, here's the deal. I have to charge you a 2.03% interest rate on the loan in order to be on the up-and-up with the feds. (Of course, I'll need to report the interest payments as interest.) What's more, according to http://www.marketwatch.com/story/how-to-lend-money-to-a-relative-without-getting-whacked-by-the-irs-2015-05-12 , unless you're not interested (so to speak) in deducting the interest on your taxes, I'll need to be added to your mortgage loan. There needs to be a contract in case I am audited. Would you be able to write up the contract? Monthly payments would be the most convenient for me.