@redvip: To make analogy, let's say i want to buy a house for $265K. I ask my family to please lend me the money, which they do. So i buy the house for $265K, then a year later i sell the house to myself for $110K without them knowing. How did I make any money here? The previous owner kept the $265K and now i actually owe a least a part of the 110K.
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Your analogy makes no sense.
1. If you borrow $265,000 from your family to buy a house, and they expect to be re-paid, you now owe them $265,000.
2. You cannot sell a house to yourself that you already own
3. If you purchased a house for $265,000 with money you borrowed from your family, and you then sell that same house for $110,000, you've just taken a $155,000 loss....money that is owed to your family.
4. Since your family expects to be re-paid and you haven't told them you've lost their money, that's a scam. The money wasn't yours to lose in the first place, and making a foolish decision doesn't excuse the loss.
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[edit] I see you posted above and understand the situation better. This further explanation should help.