B
BillyJohnson said:... want us to guarantee a minimum return of whatever they would get had they invested the money in a Rabobank (online bank - current interest rates are 3.2% and should rise) account instead. If the price goes up, however, they would get their full 40% of the sale price.
BillyJohnson said:In addition to this, they get 40% of the rent from our spare room and parking space.
BillyJohnson said:Do people think we're getting a fair deal or would we carry too much of the risk if property prices fall?
Christy said:Just to throw in another complication, you will need an exit strategy if you and the girlfriend break up, which I am sure you both hope will not happen, but at least plan for it, especially with your parents involved.
Christy
Are you not trying to buy a property which is too expensive for you ? from you post, i make it worth €580k....
You should find a cheaper one and go 100% yourself and GF.
Gabriel said:This has "family disaster" written all over it. Find another way...
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