Posted by David Alexander on June 16, 1999 at 17:43:49:
What are the numbers? What are the actual repairs?
I’m assuming your saying your going to get about 5-6k down?
You could convert your IRA to a self directed(Mid-Ohio, one source), pull out 2500, get 5k from your mom. Sell the puppy AS IS, if it is only 3k it can’t be that bad, unless it is really a small house. Get 5-6k down and that goes back to your mom.
The rest depending on the agreement can go all three ways, IRA, Mom, and You.