Hi all!

Here's the situation. My folks currently live up north (ND) in a condo.
They are close to retirement and have always wanted to move to AZ.
Well, they recently visited and found some properties they are
interested in.

Their condo is worth about 130k, and they owe about 20k on it. The
place they are making an offer on is about 160k.

They are asking me to help them with this, as a loan, to get between the
two. I told them they'd probably be better off getting a loan from a
bank, sell the condo, then pay off most of the loan.

Instead they want to loan money from me (100k or so) and then pay me
back when they sell the condo in ND.

They also have said they'd like to put the new place in AZ in mine and a
brother's name so when they die there isn't a lot of headache. I don't
know if this is the best idea either.

So, for these two situations what options are there? I can afford the
loan, but not sure if I want to put a large portion of my nest egg up
for this. Also, not sure about putting the new place in their kids'
name. I know this means we'd pay taxes on it, in the least.

So looking for any ideas.

My ideas:

- They get a loan from a bank for the new place, and then I would help
them with the payments (one or both mortgages) until they sell the
condo, and pay me back.

or

- I could pay off their condo so they'd only have one mortgage payment
(the new one), sell the condo, pay me back, and put the rest towards the
new mortgage.

I know in the past though, banks look oddly on large chunks of money
that suddenly appear in someone's account.

As far as putting the property in our names, not sure that's good either.

Thanks!