Monogamish1
New member
Discussing a move and buying house as an arm of a VEE, while other arm is married
I'm single - mono
P - former/potential partner, married, poly yet essentially mono to me
PW - p's wife, poly
P is looking at an out of state move for a dream job.
I own my home, would keep it for son to live in or as a rental & a home I could come back to if needed.
P and PW own their home.
Still no clue to if PW would move him with and they sell current home, stay & still have him send $ home, stay & support herself, or what. He hasn't pushed issue, yet. ("She doesn't like change")
I am willing to move with him (not live with her, regardless if she moves or not). Rents in new town are out of my price comfort range, but home-ownership isn't, even on my own income/resources.
He would like to co-mingle funds and purchase a nicer home than I can afford on my own.
Has anyone else in similar situation purchased real estate?
What do you see as risks?
Ways to mitigate risks?
Suggestions?
I'm single - mono
P - former/potential partner, married, poly yet essentially mono to me
PW - p's wife, poly
P is looking at an out of state move for a dream job.
I own my home, would keep it for son to live in or as a rental & a home I could come back to if needed.
P and PW own their home.
Still no clue to if PW would move him with and they sell current home, stay & still have him send $ home, stay & support herself, or what. He hasn't pushed issue, yet. ("She doesn't like change")
I am willing to move with him (not live with her, regardless if she moves or not). Rents in new town are out of my price comfort range, but home-ownership isn't, even on my own income/resources.
He would like to co-mingle funds and purchase a nicer home than I can afford on my own.
Has anyone else in similar situation purchased real estate?
What do you see as risks?
Ways to mitigate risks?
Suggestions?