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My dad wants me to open a mortgage in my name for him to get a new house. Is this a bad idea?
My dad wants me to open a mortgage in my name for him to get a new house. Is this a bad idea? My dad has a large house from my childhood in his and his dad's name (after the divorce). The house is up for being sold in the next year or two. He is looking for new property and cannot get a preaproved rate due to his dad helping pay for the current morgage. He asked me if I can help by opening a mortgage in my name (no debt and excellent cre...
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