Due to (understandable) life circumstances, my brother can't afford to pay for his house, so my dad is giving him a 300k loan at 1.8% interest.
To keep things fair, he's offered me the same loan. I don't really need the money though. I'm on track for retirement and I have a home loan of 81k that I will have paid off in 8 years.
It's tempting to take the loan and invest it, since my other investments yield much higher than 1.8%. But if I lost the money, I'd owe it to my dad, which would end up coming out of my share of his estate someday. What would you do /r/personalfinance?
Submitted July 24, 2017 at 07:52AM by sam_b_ran http://ift.tt/2tTmNjU
