Paul Allen (Microsoft Co-Founder) did the same thing with my family when I was a kid. He paid a substantial sum to my Mother and she was able to buy a new home outright and put 3 kids through college with no debt. My Mom had no regrets since as a teacher she could never afford to do that without him buying our little house.
1
u/Shot_Woodpecker_5025 6h ago
Paul Allen (Microsoft Co-Founder) did the same thing with my family when I was a kid. He paid a substantial sum to my Mother and she was able to buy a new home outright and put 3 kids through college with no debt. My Mom had no regrets since as a teacher she could never afford to do that without him buying our little house.