Hey there! Not sure if this is the right place to go, but:
LG were executors of the estate, so they purchased an “investment property” for me, which they are now trying to sell. If I want it, I can have it for 123k, and my LG swears that I will “regret missing out on this”. Oh, and I’ll get the money they borrowed back when they pass away.
Realistically? I can’t do this, unless I live there. And I’m not going to pretend that Ocean City, Maryland is going to have some crazy job opportunities for me....it’s a tourist spot. I did scope out Craigslist for jobs, but most of the ads were for seasonal work.
My current situation: working full time for 40k, have a few months’ expenses in an E.F., and a little bit invested through Stash. 11k in student loans, which I expect to be fully paid off by next year, as I have a 529 and am contributing on my own. $600 credit card debt. About 50k of inheritance which is invested w a financial advisor.
So the questions: 1) is this even feasible for someone in my situation? I just got into the whole Stash thing and “grabbed the reins” w my spending and finances and such. 2) is this truly the deal I’ll hate “missing out on”? I can’t figure out where to look this up, but I thought I read OC was going to be underwater in the next 15-20 years. 3) what’s the legality w how they bought the condo in the first place? I plan on requesting the 10k back once they sell the condo — I’m one of 7 kids and would rather not wait until they’re both gone to resolve that. I’d like to trust them, as I have pretty much forever, but my older brother had some suspicions about them mismanaging things, and I know people can be different when money is involved...
EDIT: I’m not sure if this relevant, but they also took 10k from my younger brother for this transaction. He has since passed away, and I received his money. Is that just gone now? Or would that be owed to me as well?
Submitted July 20, 2018 at 10:08PM by Bajileh https://ift.tt/2O0CH7z
