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Tapprunner t1_jaefs7s wrote

Do not do this. There may come a time when they can't/don't want to pay for something, and you'll be left paying for it. Or, equally as bad, there may come a time when you and your husband can't/don't want to pay for something.

Do not do this. When you talk to your husband about it, you need to talk through worst-case scenarios. Are you prepared to assume the costs of 3 houses? You can't assume that everything will go smoothly the whole time.

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Creative_Angela t1_jaeggbo wrote

True I was thinking that if ML can't afford the house with just her social security check then she should just move in with us and cash out the house to pay for part of the mother in law suit and living expenses.

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Tapprunner t1_jaejdzi wrote

Your in laws are proposing you and your husband enter into terrible investments because it's what would be most convenient for them and their family (like the member who lives rent-free in the duplex).

If they need financial assistance and you want to help, fine. Cut them a check.

But buying houses with them is a really bad idea.

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