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Loans from Family

Have any of you been offered loans from family members to help buy a home?

Would you accept such an offer? What factors would impact your decision?

If you have ever accepted such an offer in the past, how did it work out? Would you recommend it?

Comments

bluebuckeye
Apr. 19th, 2009 02:54 am (UTC)
I love my parents but knowing my dad any loan that he gave us would have strings attached so we steered clear. They don't really have any money to offer to us so it's kind of a moot point. But we wouldn't take it I don't think even if they did.t

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