Should a young couple take a large loan to help finance wealthy parents’ large 4br home for retirement?
Should a young couple take a large loan to help finance wealthy parents’ large 4br home for retirement? Interesting situation - my long time partner (100k income) and I (55k income) are moving in together and starting our lives. Due to their retirement situation and penalties on accessing their retirement funds, his parents want him to borrow money for their desired house in which to retire in. Parents will pay all the costs and monthly mortgage, ...