Best strategy to utilize a $20k interest free loan from family member.
Best strategy to utilize a $20k interest free loan from family member. Thank you in advance for reading this post and providing ways I can best utilize this money. A family member gave me $20k as an interest free loan that we have agreed to pay off over the next 4 years. Said family member wants me to use it as a down payment on a home, but I just can't see how it pencils at the moment with interest rates and home ...