My mother has had a two strokes and now is disabled.

She had her first one and I moved into her house and started taking care of her financial and health issues. I have what I believe is a Durable Power of

Attorney.

I previously had the bathroom in her home renovated and took my Mom out of the Nursing Home and brought her back into the house. I was going to

have a home health aide and a nurse come over daily. Well, my Mom had two wonderful days at her house and she suffered from another stroke. She

spent a week in the hospital and then the Home Health agency told me that I probably would not be able to manage her, because she was now

resistant to being handled and cleaned up.

I have consolidated all of her bank accounts into two accounts, and she has enough money to private pay at the nursing home for about a year. Plenty

of time for me to get something going.

My problem is, I now have to get all of her funds into an annuity and I cannot spend anything on the house. If the temperature dips below freezing, the

pipes in the house will probably freeze. I have her lifetime belongings and mine as well in the house and I cannot seem to kand a job.

I have been studying Real Estate Investing for about two years and have become knowledeable about how to buy, sell and flip for a profit using mostly

other peoples money. I am desperate not too lose all of our belongings and house.

My Question: If I deposit all of her money except about $4,000.00 and I create and record a Promissory Note to the estate for the $4,000.00 payable to

my Mom's estate before she runs out of money, will this be illegal? She is not able to sign the Note at this time, so I would have to sign my name and

put in P.O.A. and then write her name in.

I thought of creating a Promissory Note by myself and trying to sell it but my credit is a little weak. I figure, I would pay the Note off, within the first

six to nine months and make additional deposits to her account to help her

I am not out to steal her money at all, I just want to save the house and contents, and provide myself with a career that I will love to do. If I start

making good money, I intentions would be to bring her back into her own home again, where she will be cared for here with me. I am figuring the

Prommisory Note will show my intentions are good and not sinister. I love my Mother very, very much. I know that she would do this for me if she

could communicate with me. Her speech is tough now and I cannot understand what she is saying. I see her every day.

This is the ONLY idea, I can think of to save her home from becoming a Vacant Property and all her contents and mine from getting stolen or given

away for a song.

Please help! The business would be a small LLC. I would buy low using an Agent as my partner. I would then seek to get the right to buy. I would

probably be getting the Earnest Money from the third party buyer, especially after the first transaction. I would be using a Transactional Funder to

provide the cash to me. There would be two back to back closings. I have researched my competition and they are doing these with no problems.

Any assistance would be GREATLY appreciated here. Am I committing Fraud if I do this?

In 2005 my Mother put a reverse mortgage on her property that is in her living trust in the state of California. After a receiving a few payments they were discontinued because of repairs needed. The finance company sent a contractor that charged $14,000.00 above fair market for roof repair and refused to reinstall the skylights he removed. After the roof repair the finance company called for another inspection and added more repairs. This went on for 5 years, making reasons not to start her payments.

Finally in January 2010 all repairs were signed off but her payments never resumed. She past away in July 2011. She really was not capable to enter into such an agreement but the reason she did is she thought she would receive the payments for the rest of her life that would help relieve some of her financial stress. Instead she only received a few payments and her stress was compounded by the fiance company. This is the short version and barely touches this lenders abuse to my my mother who died at 84years partly due to the additional stress caused by this lender.

There must be a way to prevent this lender from steeling her home. they definitely did not keep their part of the agreement as my my mother knew it.