My boyfriend acquired $48K in settlement after a personal injury some years ago. He is dead set on investing in realty business with this settlement money. His plan is to buy a house on campus (we are both college students) and rent out the rooms to students. However, he wants me to take out a loan myself to buy the house that he will rent out because I have a higher credit score than him. I told him that I am unsure of this move because I feel like we both need a full time job to pay mortgage on the house. He and I both work part-time, and I feel like with college expenses and other expenses on the house, we wouldn't be able to pay mortgage monthly, thus, hurting my credit score. We really do not know what we're doing because we are not knowledgeable in this kind of business. So, please help?
Submitted January 12, 2018 at 10:10AM by angsthussler http://ift.tt/2AUmQ2m
