Post # 1
Currently I live in an apartment alone and FI lives with his grandparents to help take care of his aging Grandpa. After we get married we will be obviously, moving in together but the apartment I currently live in is raising the rent to an unreal price so we are trying to find somewhere to live. We are pretty broke so the options are slim, and FI gets this grand plan, we can afford more if his best friend gets a house with us! I am seriously wondering what he is thinking. I have ZERO desire to be a newly wed with another guy living with us. FI doesn’t see how it would be awkward. Sigh. I’m really not sure what he is thinking. Please tell me somenelse has a crazy FI or hubby.
Post # 3
I have only seen this once, where a newlywed couple bought a house with the husband’s brother. It is not something to be done lightly, and your fiance should consider that friendships change with time. A brother is a little more permanent 🙂
Anyway, when I heard about this couple I thought they were crazy. But it worked for them, and they were family. I’m totally on your side. Random guy (OK, so he’s the best friend, that doesn’t make it much less awkward) buying a house with you two? Crazy.
Post # 4
I could see a sibling MAYBE. But his friend??? Not happening! He just doesn’t see the issue.
Post # 5
Buying a house you can’t afford and being dependent on roommates to make your mortgage payment? TERRIFYING
Post # 6
We lived with my FI’s brother for a year. Well I was the last to move in, and at times felt like the least important part of the family…Besides it is pretty awkward to “do something” when someone else is behind the wall…Nevertheless we are getting kicked out of the house this week in order to allow some privacy to my fi’s brother with his gf…I wish we could have some privacy sometimes as well. BTW my FI is paying for everything: rent, utilities, car, food…The good news though is that we are moving to a new house WITHOUT a tail with us.
Post # 7
@crayfish: This would be my exact concern. The having a roommate/renter thing wouldn’t bother me too much (not ideal but could certainly work) but using their rent to afford more house isn’t smart. They move out and you still have to be able to afford the mortgage payment.
ETA: It is fine to put a tenent’s rent payment towards your mortgage so long as you can comfortably afford the whole mortgage when there is no rental income.
Post # 8
This is a big no-no. You shouldn’t have to depend on someone else to make your bill payments. Please do not get a place if it’s unaffordable. FI and I are trying to get a place that we can utilise on ONE income, let alone have some 3rd party living with us. Nuh-unn! Totally unacceptable!
Post # 9
Read this. I think you will find this article helpful and very interesting!
Post # 10
Um yea, my FI suggested this too when his buddy was about to move into town. He was like, “Kenny can always stay with us if he can’t find a place”. This was in front of all of our friends! The thing is, Kenny has a place to stay. So I told him right then, “No, I don’t think that will be a great idea… especially since we’ll be newly married”. His response? He looks at me and says, “It will be fine….” Basically saying, don’t say another word about it, what I said is final. I didn’t want to start a fight in front of everyone so I didn’t say anything, but believe me we talked later on that night and Kenny will NOT be staying with us now, or ever. Baha!
Post # 11
OMG Fi had his friend stay with us for a awhile and OMG I WILL NEVER HAVE A ROOMMATE AGAIN…. But now Fi and the friend dont even talk anymore…. Living with friends hardly ever works (even more so if you are at diffrent points in your life)
Post # 12
Oh sorry I guess I should clarify, it would still be a rental house, but we can afford a small 2 bedroom, more likely a 1 bedroom apartment. With the roommate we could get a house rental, but again there is the same issue, we couldn’t afford rent without the roommate. So Fi just needs to figure out a friend is a bad plan.
Post # 13
@chasesgirl: Oh yeah, he’s crazy. Hahaha. That would NOT slide with me. I completely understand where you’re coming from. I wish you the best of luck dealing with that. I can’t imagine ever living with another person other than J.
Post # 14
My guy wants to get a pet pig… we live in an apartment…in a city…enough said. 🙂
Post # 15
We have a friend who’s very depressed and lives with his parents. We’re trying to buy a house right now, and my husband’s brilliant idea was to let our friend move in with us to help raise his spirits and get him out of his parents house. Meanwhile, I don’t work b/c I’ll be a SAHM and our friend doesn’t either, so I’m the one who’s going to have to be home with him all day long. It’s not worth making me crazy just to help out a friend!
Post # 16
So I can relate for sure to this!
My boyfriend at the time (now husband) moved to Boston with me for school. Long story short, his brother was already living in Boston, so the two of them ended up buying a house together and so it started out as my boyfriend, his twin brother, me and another guy roommate. We have had a different roommate each year (this is the end of year 3) along with the BIL. I’m doing an Air Force dental school scholarship so we knew it would be a 4-year time period and that we would then sell it as I’ll be getting stationed to a base when I finish school. Also my husband works out of town during the week so it is just me, the BIL and the roommate monday-thursday.
I WOULD NOT recommend this unless you really know this person well and he doesn’t annoy you at all. If I could do it over we would be living in a studio if we had to to avoid this 🙂 I love my BIL but I do not like living with him. I cannot wait until I graduate and we move by ourselves!
That said, they do earn enough that they could pay the mortgage on their own without my or a roommate’s help.