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Reply to "It's me - the DIL with the in-laws and drama around their cabin."
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[quote=Anonymous][quote=Anonymous]This is a horrible plan if SIL can even do it. Average heloc rates right now are almost 8.5%. Who is paying this interest? Who is paying taxes, maintenance, insurance and other expenses on the house? There is no way it’s only $150 a month x3 right now when you add it up. You are also saddling the 3rd sibling with an expense they can’t begin to afford and they will all end up hating each other. Can DH and that sibling override SIL? You need to talk to an attorney, separate all finances and protect yourself if DH continues on with this crazy and unrealistic scheme. His family is completely delusional. This will not end well. [/quote] PS I’ve followed your whole saga so I feel very confident that they are all delusional and I really do feel for you OP. [/quote]
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