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i think you missed the bit where he lets her live rent free while providing her a large cash buffer and using the equity left to fund the "technically" empty home by paying the mortgage with an LOC. i thought it was a good idea personally. sh'es prob going to leave it to him anyway, but he's...

geez - i look forward to not being in this situation when i'm older. i think this thread has been a sobering reminder for us all.

ah that's so funny - the thread was hijacked not once but twice.

wow - deprived asset - centrelink really do have all bases covered. unless you're a crack addict popping out kids.

you could get an LOC on the remaining equity to pay the mortgage while mum lives rent free....? no one will 100% win in this situation - but everyone does at the same time.....weird. so many internal conflicts - but then you remember - it's mum :)

what your mother needs is another stream of income - like Sunfish said - ABOVE AND BEYOND outgoings. think serious cashflow positive and bugger the growth in this situation. the US has some awesome deals but carries a decent risk profile. regional areas have some great deals and as long as...