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  1. paulzag

    Buying a house with family

    How come my family isn't super wealthy Reply: 2.3.1.2.1.1.1.1.1.1.1.1 From: Paul Zagoridis I'm not sure "lucky" applies. My last post on this thread did read quite chirpy. I left out the grizzly details of the last time Dad and I worked "together". 3 years of it and the last 12 months or so...
  2. paulzag

    Buying a house with family

    How come my family isn't super wealthy Reply: 2.3.1.2.1.1.1.1.1.1 From: Paul Zagoridis J P Getty made his kids account for every cent as well as save half. I lived at home and didn't pay rent. My FNQ raised step-father seemed puzzled but my mum wouldn't have accepted rent. I bought an...
  3. paulzag

    Buying a house with family

    How come my family isn't super wealthy? Reply: 2.3.1.2.1 From: Paul Zagoridis I'm in the final stages of re-establishing a business relationship with my father. He has employed or been in business with all four of his siblings over the years. As for Southern Europeans being in biz together...
  4. paulzag

    Buying a house with family

    Additional thought Reply: 2.3.1.1.1 From: Paul Zagoridis I would and have gone into business with my sister if she asked. Having said that one of the most stressful things about going broke in 1992 was the financial impact on my sister and her husband. When business goes well all is fine...
  5. paulzag

    Buying a house with family

    RE: Additional thought Reply: 2.2.1.1 From: Paul Zagoridis 1/3 split like is a major pain unless your family is exceptional. If your siblings are doing it as a favour to you, then have them lend you the money as a second and third mortgage. But it makes no sense that they want the new house...
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