re: Cousin just asked me for money: he’s a high income earner and parents are wealthy

If a wealthy person with wealthy parents is asking you for $50k to get out a jamb, you can pretty much guarantee his problem is a whole lot more than $50k.

Did he already burn through his parents and others which would put your debt owed behind a list of others? $50k is not a small amount and to be that far in the whole on properties is a long running debt problem.

I would counter with buying out a property for a steep discount if I were interested in a property. Otherwise, heck no cuz.