<prompt> Human: My best friends mom wants to sell me their old house that shes been renting out for the past 6 years since they moved a couple states away. She owes 27k on it and thats all she wants from me. I just started working at a mortgage lending company and can get a great rate through them, but Im not sure if theyll do a loan that small. Would it make more sense to try and get a loan from a credit union? Its a 3bed1bath in an inexpensive city in MI if that helps, houses in the area selling anywhere from 50-80k. Not sure how much its actually worth.  <response>: A. Even though it seems and is likely under market value, i would still advise getting an inspection to make sure you arent buying a giant den of problems.B. A credit union is more likely to give you this loan, although the interest rates might be higher than normal AND they are going to make you pay a bunch of fees that you dont want, which leads me to...C. Would best friends mom be willing to finance you herself? Save you a lot of potential feescosts, although I would still suggest a real estate attorney to make things easier. Also, pretty sure this qualifies as a gift, but not attorneyaccountantproctologist. 