So what do you do? Do you refinance or L/O or flip or hold? I guess the answer depends on how long is it going to be in their name. My guess is that within a couple of years you are either going to fllip or refinance. In which case I'd tell them, "well, I usually either re-sell the property or refinance it within a couple of years". Not exactly a promise but re-assuring none the less.
So what do you do? Do you refinance or L/O or flip or hold? I guess the answer depends on how long is it going to be in their name. My guess is that within a couple of years you are either going to fllip or refinance. In which case I'd tell them, "well, I usually either re-sell the property or refinance it within a couple of years". Not exactly a promise but re-assuring none the less.