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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]ps

"Maybe he feels like he should return what they gave to him. IDK yet. "

Yeah, um that is really a reasonable philosophy. Kids owe their parents for doing the job of parenting. Right.[/quote]

Wow.  You hate your parents huh...

OP maybe he just loves his parents and wants them to feel secure.  Maybe this is a way for them to pass some wealth without taxes.  If they are putting up the down payment and paying the mortgage thru the rent, then until/ if something goes wrong you have to take over.  Yes, there will be taxes but you could draw up an agreement to be gifted annually the extra amount.  Although you will have the extra mortage on your credit, if it's paid in time and your debt load is low hiw us that a negative?  They aren't starting out with NOTHING down, you should be able to sell if you need to.

This is family.  You have two kids with this man, unless there are other serious issues, it doesn't sound like you are headed to divorce.  You knew he's in dreamland but you let him manage your investments?  Maybe this isn't as bad as your emotions have lead you to believe.[/quote]

Your post doesn't make sense. How is this a way for them to pass wealth? In what world is it a good idea to take on debt for other able bodied adults. Are you op's husband? It is disingenuous to imply that emotions are causing op to reject this ridiculous proposal. Op's rational brain knows this is ridiculous.[/quote]

Who is actually paying for the house ?  The iLs are putting down the down payment (20%) and making rent payments ( assuming to cover mortgage and hoa).  How the heck do you think people acquire rental properties???? You let someone else pay the mortgage.  
As I have said, numerous times now, HAVE A LEGAL AGREEMENT DEFINE THE SPECIFCS. 
[/quote]

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