Im wanting to purchase my parents Sydney property as a favourable purchase.
In my case it would be my first home purchase.
How is this going to work if the purchase price is significantly below the market price when it comes to the Stamp duty that I will pay?
Would a lease to own or vendor finance work also in this situation?
I have over 10% deposit already and as I would be purchasing well under market value I would be getting significant equity straight away if purchase.
Looking for best angles to make this work.
Thanks for any advice.
