The most prestigious law school admissions discussion board in the world.
|
 |
 
|
Bridge loan from grandparents (in law) to buy a home, do it?
Poast new message in this thread
Date: May 5th, 2025 12:28 PM Author: Rodeo Lewis Second home. Pride getting in the way. Wife’s parents are wealthy but they don’t help or talk to us. My dad is house poor and my mom dead. We are in a decent financial situation if I sell all my stocks or take a 401k loan. But don’t have the $150k down payment bc it’s all in my home equity. They want to loan us $150k and we pay them back as soon as we sell ours.
Too much pride to do this I think. Sold baseball autographs I got as a kid just to eat when I bought my first place during Covid which doubled. Mainly bc I know her parents will talk shit like they always have.
6’2 |
Date: May 5th, 2025 2:14 PM Author: gibberish (?) Yes get anything you can while you can. (http://www.autoadmit.com/thread.php?thread_id=5720662&forum_id=2#48905683) |
|
Date: May 5th, 2025 2:14 PM Author: Covid was a Hoax have them buy the whole house and own it and just live there. (http://www.autoadmit.com/thread.php?thread_id=5720662&forum_id=2#48905686) |
|
Date: May 5th, 2025 2:16 PM Author: stock market Wait what exactly “doubled” (http://www.autoadmit.com/thread.php?thread_id=5720662&forum_id=2#48905692) |
 |
Date: May 5th, 2025 4:45 PM Author: Rodeo Lewis Bought a condo for 137k and the one next door just sold for $260k. (http://www.autoadmit.com/thread.php?thread_id=5720662&forum_id=2#48906167) |
|
Date: May 5th, 2025 5:00 PM Author: Rodeo Lewis Update: now they’re charging interest lol. Fuck me. (http://www.autoadmit.com/thread.php?thread_id=5720662&forum_id=2#48906202) |
|
Date: May 5th, 2025 5:01 PM Author: metaphysics is fallow This is a better arrangement than them paying the down payment and later claiming ownership in the house.
if its a short term loan you know you can pay back immediately this is OK to do imo |
|
Date: May 5th, 2025 5:04 PM Author: Rodeo Lewis It’s more the principle of it. I would be paying it back next month when we sell our place. That’s not the issue. The issue is if I’m paying interest I might was we’ll not have it held over my head and embarrassed that I “took money and didn’t do it myself.”
People in the family will act like I took the money/not loan. Rather just do it myself. |
|
Date: May 5th, 2025 5:04 PM Author: metaphysics is fallow This wouldn't be an issue in a healthy relationship. They would be happy to help and you and your wife would be grateful for it. (http://www.autoadmit.com/thread.php?thread_id=5720662&forum_id=2#48906219) |
|
Date: May 5th, 2025 5:08 PM Author: Rodeo Lewis Sadly their parents are millionaires and won’t help us. The grandparents were on our side now this. Never got any help our entire marriage. I was blessed with a 180 upbringing so I’m good and want to give that to my kids. (http://www.autoadmit.com/thread.php?thread_id=5720662&forum_id=2#48906244) |
|
Date: May 5th, 2025 5:05 PM Author: hannity Fuck boomers and their boomer mentality, take the money (http://www.autoadmit.com/thread.php?thread_id=5720662&forum_id=2#48906223) |
|
Date: May 5th, 2025 5:05 PM Author: metaphysics is fallow (http://www.autoadmit.com/thread.php?thread_id=5720662&forum_id=2#48906224) |
|
Date: May 5th, 2025 5:05 PM Author: Covid was a Hoax this is not the wron attitude imo. fuck paying interest for that shit. (http://www.autoadmit.com/thread.php?thread_id=5720662&forum_id=2#48906226) |
|
Date: May 5th, 2025 5:07 PM Author: metaphysics is fallow how much interest could they possibly charge over a 1 month term? (http://www.autoadmit.com/thread.php?thread_id=5720662&forum_id=2#48906234) |
|
Date: May 5th, 2025 5:08 PM Author: Covid was a Hoax if theyre actually wealthy they could just charge 0. (http://www.autoadmit.com/thread.php?thread_id=5720662&forum_id=2#48906241) |
|
Date: May 5th, 2025 5:08 PM Author: metaphysics is fallow Boomers would never do that. Even 10% annually is like $1k for 1 month. worth it imo (http://www.autoadmit.com/thread.php?thread_id=5720662&forum_id=2#48906243) |
|
Date: May 5th, 2025 5:09 PM Author: Covid was a Hoax they might as well just ask you upfront for 50 20 dollar bills. and he said grandparents. (http://www.autoadmit.com/thread.php?thread_id=5720662&forum_id=2#48906249) |
|
Date: May 5th, 2025 5:10 PM Author: Rodeo Lewis I can just take out the loan from 401k and pay it back in a month for $30. (http://www.autoadmit.com/thread.php?thread_id=5720662&forum_id=2#48906250) |
|
Date: May 5th, 2025 5:10 PM Author: metaphysics is fallow Nice (http://www.autoadmit.com/thread.php?thread_id=5720662&forum_id=2#48906253) |
|
Date: May 5th, 2025 5:09 PM Author: Rodeo Lewis Agreed this is the point. (http://www.autoadmit.com/thread.php?thread_id=5720662&forum_id=2#48906245) |
|
Date: May 5th, 2025 5:07 PM Author: Rodeo Lewis This. The insult and they want a contract. I told my idiot wife not to even ask them bc it’s embarrassing. Now to have this happen I’m ready to lose it. Don’t insult me like that. I can pull money out of places I just didn’t want to have to sell stocks and figured I can give them the money back next month but fuck it. I’ll just pay the taxes this year. (http://www.autoadmit.com/thread.php?thread_id=5720662&forum_id=2#48906236) |
|
Date: May 5th, 2025 5:17 PM Author: Leftism is a mental disease you thought you were getting an interest free loan of 150K? lol deadbeat. (http://www.autoadmit.com/thread.php?thread_id=5720662&forum_id=2#48906283) |
|
Date: May 5th, 2025 5:04 PM Author: .,..,.,.;,.,,:,.,.,::,...,..,:,..;,.., yes (http://www.autoadmit.com/thread.php?thread_id=5720662&forum_id=2#48906216) |
|
Date: May 5th, 2025 5:10 PM Author: neo radek (🧐) Sold baseball autographs I got as a kid just to eat when I bought my first place during Covid which doubled tp (http://www.autoadmit.com/thread.php?thread_id=5720662&forum_id=2#48906254) |