Jump to content

  • Welcome!

    Register and log in easily with Twitter or Google accounts!

    Or simply create a new Huddle account. 

    Members receive fewer ads , access our dark theme, and the ability to join the discussion!

     

What would you choose

TheRealDeal

By TheRealDeal,
in Huddle Lounge

Recommended Posts

TheRealDeal Newbie

TheRealDeal

Posted
Posted

Facts: You are a newlywed. You were planning to buy your own house but wedding was more expensive than you hoped so you are going to rent again. Your wife's parents just sold their house and her stepfather got a big promotion in the city you live. He's going to be moving down while the mom works for another year before retiring and moving down full time. Until then she will only come down Fri-Sun.

Option 1: They give you money for down payment on house around 300k. You live there with your spouse and do what you please with it in the future.

Option 2: They buy something in the 500-600 range, you and stepfather fix it up yourselves, try to sell, then make this decision again when it does sell. Father in law makes all mortgage payments, we only pay utilities, food, etc but get 40% split of profits in the end if we go separate ways.

Option 3: They buy something worth up to 850. Something real nice, something near the beach, something you don't need to fix up. Again, they pay mortgage, we pay bills, food, incidentals, etc. We get to save money so we can move out when we choose and the in laws live there after OR if we can afford it, they move on and we take over all payments. This plan would not be one we want to sell but when it does, profits are split again but it might not be for 5+ years. We can live there as long as we want.

Option 1 gets us going and we get to be on our own.

Options 2 & 3 give us a nicer place to live now while being able to save a lot of money setting us up for the future BUT we have to share the place with the inlaws for a while. His new job requires him to work roughly 12-14 hours a day so he won't be there much.

Thoughts?

Link to comment
Share on other sites
Mrs Pantherfan Newbie

Mrs Pantherfan

Posted
Posted

Options 2 & 3 give us a nicer place to live now while being able to save a lot of money setting us up for the future BUT we have to share the place with the inlaws for a while. His new job requires him to work roughly 12-14 hours a day so he won't be there much.

Thoughts?

since when is a house that's worth 300k a shitty place to live

Link to comment
Share on other sites
Mrs Pantherfan Newbie

Mrs Pantherfan

Posted
Posted

Since it's San Diego.

It's pooty, I know.

OOOH gotcha..that makes sense....

take that option...don't mix money and family...

or get your deposits back...go to city hall and get hitched..have a less expensive reception and then buy your house..it's one day vs a house that you'll live in for a long time...

Link to comment
Share on other sites
TheRealDeal Newbie

TheRealDeal

Posted
  • Author
Posted

Any time you get caught up in a financial arrangement with relatives it can get sticky. Depends on your relationship with them however... some families can deal with it. Proceed carefully and have any financial agreements made put in writing so there are no hard feelings later...

We get along great.

She'll only be there 2-3 days a week and he works literally all day 6 days a week. We're looking for houses with two master suites either on separate floors or opposite sides of the house.

My wife is also going back to school soon so it'll help because our income is going to reduce.

Link to comment
Share on other sites
TheRealDeal Newbie

TheRealDeal

Posted
  • Author
Posted

OOOH gotcha..that makes sense....

take that option...don't mix money and family...

or get your deposits back...go to city hall and get hitched..have a less expensive reception and then buy your house..it's one day vs a house that you'll live in for a long time...

We already got married.

The first option would have to be in an area that I wouldn't want to live either, because in any coastal city, not on the water, but just within city limits, you can't find anything around 300.

Link to comment
Share on other sites
Panthro Collaborator

Panthro

Posted
Posted

Has the market turned in San Diego? I know its one of the more price sensitive cities. What the rental market like?

My Fiance and I are buying a house here because the rental market is ridiculous and we could own a house for less than we could rent.

Rent on the beach for 1-2 years save up then buy? Not an option?

Link to comment
Share on other sites
Darth Biscuit Mentor

Darth Biscuit

Posted
Posted

We get along great.

She'll only be there 2-3 days a week and he works literally all day 6 days a week. We're looking for houses with two master suites either on separate floors or opposite sides of the house.

My wife is also going back to school soon so it'll help because our income is going to reduce.

Yeah, it's not really the time spent together that would worry me... AND you may have a great relationship NOW, but after living together, even for short periods of time, that can change.

The financial obligations are what has the potential to create the most problems.

Link to comment
Share on other sites
TheRealDeal Newbie

TheRealDeal

Posted
  • Author
Posted

Yeah, we're looking at everything.

He's coming down today to look at places then hopefully have an offer or two in by this weekend.

A lot of the nicer houses here have dual master suites which would work.

My thinking is this:

He won't be there much

I would rather live in a nice house in a nice community so I don't worry about my wife when I'm not around.

I want to have a nice yard for my two dags.

I want to save money.

Me and him get along great, he's never done me wrong in any way. He likes me and my wife the best because throughout all the family drama, we've had his back and he's had ours, and her sisters can't say the same.

Hopefully it'll get figured out soon. I'm a very simple person, I could live in a cardboard box but now that I have a wife and hopefully starting a family in a year or two, I want them to be safe.

Link to comment
Share on other sites
teeray Rookie

teeray

Posted
Posted

Option 1. Money situations with in-laws can be great.... until it is not. And then it is a nightmare.

I am sure you guys are really, really smart with real estate and rehabbing homes but I would suggest you just avoid any type of situation that can go sour. Too easy to play the blame game if the house doesn't appraise where you or your in law thinks it should at the end game.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

Go to topic listing

  • PMH4OWPW7JD2TDGWZKTOYL2T3E.jpg

  • Topics

  • Posts

    • trucpfan
      PFF names Panthers QB Bryce Young the best deep passer

      By trucpfan · Posted

      Arm is weak? Another useless complaint who gives a flying f… if he makes all the throws accurately idgaf about arm strength. Let’s dive deeper into your complaint no zip on the ball show me a play where his lack of zip cost us anything. Show me a play where his weak arm cost us a completion or because he doesn’t have a Josh Allen cannon he didn’t make the play he needed to make. His 40 yarder down the field to XL two weeks ago was a got d…. dime his throw to AT in the end zone was a dime, his throw to XL 3 weeks ago that the man pulled out his hand was a dime about 30+ yards. What about the one handed grab to AT was a rocket arm needed? You’re logic is so self absorbed your judging the man off what you want him to have and that’s just outright goofy, not judging him off performance not off the talent he’s going against not even the situation he’s facing ex..(4th quarter down by 4 needed a TD) in which he’s outperformed all expectations vs KC vs Giants vs Tampa nobody Gives a f…. about him not having a rocket he’s noodle arm in the last 4-5 weeks has him rated as top 3 QB I think that’s way more Important then satisfying fans need for our QB to possess a cannon these complaints are getting too notch outlandish and quite embarrassing go be a dam Bills fan so your QB can have the strongest arm in the league yet he’s won nothing significant since he’s been in the dam league besides your heart he’s won your heart by having a rocket arm we gotta see what’s his consolation prize for winning arm of the year award. This is just dumb they benched him to help him because he has all the tools but wasn’t playing up to par benched him he  focused on his technique and came back and started doing what was expected what crow would they even be eating this is ignorant.
    • Seltzer
      Cleaning up Fitterer's Mess

      By Seltzer · Posted

      https://x.com/avl_mike/status/1863950938467189041 Incredible job by Brandt Tilis. Maybe Tepper has finally hired the right group and will stay out of the way. For reference, Dead Money for the past few seasons: 2021: $53.9M 2022: $52.4M 2023: $62.1M 2024: $69.3M 2025: $1.9M All that waste and ineptitude for 17 wins over the past 63 games... Fitterer deserves to be extradited back to CLT to stand trial for war crimes against this franchise. The one caveat is we'll never know how much meddling Tepper actually did, but the results speak for themselves... one of the worst GM tenures in NFL history. Look at this nonsense from this season alone in dead money: Von Bell: $9.9M Hayden Hurst: $9.8M Donte Jackson: $9.7M Diontae Johnson: $9.4M Bradley Bozeman: $7.2M Justin Houston: $3.8M DJ Chark: $3.1M Just such organizational dysfunction, from top to bottom. These weren't even good players. That 2025 dead money number will go up some with the probable release of Miles Sanders, Ian Thomas, etc., but nothing even remotely close to the sheer recklessness and stupidity of the Fitterer Era. Hopefully, we will look back in a few years and see this as the moment where we started to reemerge from the abyss... One can hope... Keep Pounding!!
    • pantherclaw
      PFF names Panthers QB Bryce Young the best deep passer

      By pantherclaw · Posted

      Not much. Most are still in denial. 
×
×
  • Create New...