That Backyard Property Podcast Miniseries: Bank of Mum & Dad

Welcome to a special miniseries of That Backyard Property Podcast! In this episode, dive into the realm of mortgage home loans with ideas on how parents or family can assist in buying a home. We explore four common methods: gifting, favourable purchase, co-purchasing, and acting as a guarantor.--------------------------------------Subscribe on my channel: / @⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ThatBackyardPropertyPodcast⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Visit my website:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://tuskfinance.com.au⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow me on social media:Facebook: /⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@tuskfinancemk⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram: /⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@mortgageswmichael⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn: /⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@michaelkilliner⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠--------------------------------------TIMESTAMPS:00:00 Introduction to the Miniseries00:24 How Parents Can Help You Buy a Home01:01 Option 1: Receiving a Gift02:35 Option 2: Favourable Purchase04:15 Option 3: Purchasing Together06:53 Option 4: Using a Guarantor08:01 Key Considerations for Guarantors13:59 Benefits of Having a Guarantor14:53 Conclusion and Final Thoughts--------------------------------------Produced by ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Podwave Studios⁠⁠⁠⁠⁠⁠⁠