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Relationship Discussion (non-explicit)
Reply to "“Family money” becoming more important in dating"
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[quote=Anonymous][quote=Anonymous]As the mom of a young adult who anticipates giving my DS help with a down payment one day, I'm now considering not gifting the money but instead, buying jointly with him. I've seen too many wives divorce after living in the house the in-laws made possible and take half of it because the son's personal property got converted into marital property upon marriage. [/quote] You can try. It will be up to the couple if they want to buy their house themselves, or do your strings attached purchase. They’re not idiots. We’ve even turned down a $1M heloc at 1% from one side of the family- they wanted the tax shield and we had to buy and live in their town. We said No Thanks. Nbd. Although things would have made an excellent rental propriety with good yield and appreciation. [/quote]
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