<prompt> Human: I dont know lick about real estate. Im a pretty smart guy, and I make great pay with a pharmaceutical company. I kind of move here and there around the country and I dont really have plans to buy a house any time soon. My parents though hearing about my income and all, want to move into a bigger house in the same area, they say they have the means to pay for it by renting out the house they currently live in and living the new house. They just need to qualify for the credit. The house they are looking at is 450k, they are making a 120k down payment.What are ramifications that I might suffer here?  <response>: You would be 100 responsible for paying the mortgage with zero rights to the house. 