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Let's say one has a relative/parent who needs a life saving operation but does not have the financial means to pay for it or even get a loan, is one required to sell his property to help them?

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Are you asking specifically about doing this qua kibbud av va'eim, or is that just an extra factor to the general question? – Double AA♦ Feb 12 at 21:57
yes, along with kibud av otherwise I dont think one is required to do this even if no one else can help them. If you have a source against this, please let me know – good_ole_ray Feb 12 at 22:05
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Well, Rama rules (YD 240:5) that you can't be forced to give more of your money towards Kibbud Av than you would to Tzedaka. So we're back to the standard question. – Double AA♦ Feb 12 at 22:26

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The passuk says "Tzedaka Tatzil Mimavess" (Mishlei 10:2) so while it may not be a chiyuv according Halacha, it certainly would be a legit segula to save them.

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