A tough life decision......

[kaisersozei]

Originally Posted by shilala

Another thought, just to throw it out there, and I don't have any way of knowing if it's something you guys would consider...
Buy your parent's home as an investment property. Rent it, lease it, or leave it sit if you can swing that. It's an enormous tax advantage and it'll leave the option to sell your current home wide open.
You won't need to produce any cash, you let the bank take a second on the equity in your current home as collateral.

That's the direction I was recommending, but I went the refinance route on his current house. Didn't think about the second mortgage on the first.