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Reply to "husband wants to buy house with his parents"
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[quote=Anonymous]He tells me it's a good investment and as an only child, it will work out for us. His idea is that they put down 20% and we take out the loan and they pay rent. After they die, we get the house. I don't see how I win in this and I can see a million bad situations. I like my in-laws but this is just such a hugely bad idea. The worst part is that he already told them that he wants to do it so if I say no, it's all on me. They are young (early 60s) so hypothetically they could outlive my retirement (i want to retire in 20 years). I also feel like I"m being saddled with a debt that I don't want and doesn't benefit me. ANd taking on this debt forces me to stay working my ass off. I make more than either my FIL or my husband and I feel like they want to use me. DH says it only won't work if I don't trust them but I don't. Not with my very hard earned money. They are all only children (and a stay at home who hasn't worked for the last 30 years) and think they should get what they want. I am not and earned my money. I'm so pissed about being put in this !@#$%^up place that I have no idea where to start talking to DH about this. Part of me just wants to say no and not discuss it. anybody have more productive thoughts? [/quote]
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