best way to buy my parents a house and they pay ?

You can either co-sign a loan with them or purchase the home in your name and allow them to live there and make the payments. Keith Jean-Pierre Managing Principal The Dapper Agents Operations In: NY, NJ, FL & CA

The most common approach is an occupancy or installment arrangement where you purchase the home in your name and your parents make payments directly to you, which functions like a private mortgage between family members. In Brooksville, Florida, this setup is popular for families looking to keep loved ones close in Hernando County while managing finances across generations. Some families formalize this with a promissory note and recorded lien to protect everyone involved and create a clear paper trail. Another option worth exploring with a Florida real estate attorney is a family land trust or co-ownership structure, which can simplify estate planning down the road. Before signing anything, consult both a tax advisor and a real estate attorney to understand gift tax implications and how the purchase may affect your own mortgage qualification. Getting the structure right from the start protects your family on both ends. Kevin Neely & Kaitlynd Robbins | K2 Sells, Keller Williams Elite Partners

Options include buying it yourself and renting to them, co signing with them, or they purchase with your financial help. Each has tax and lending implications, so talk with a lender and CPA to structure it correctly.

Hi Valerie -- you could purchase and investment property and "rent" to your parents. If you are financially able -- that might be the simplest route. Talk to a local lender and your accountant/financial advisor. Julianne

We would love to go over that question in detail. When you have time please contact us www.JamesZito.com Zito Realty LLC