: You act as the bank, lending the money directly to your relative at a minimum interest rate set by the IRS, known as the Applicable Federal Rate (AFR). 2. Understand Ownership and Legal Structures
: You can find these options through major lenders like SoFi or FNBO . buying a house for a relative to live in
Depending on your goals and the relative's financial situation, you can structure the purchase in several ways: : You act as the bank, lending the