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Author: KBecks Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 5069  
Subject: Re: Condo down payment source (long) Date: 10/27/2003 12:49 PM
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One bit of naggy advice -- if you are buying a property with your boyfriend, take extra care to make sure what's yours is yours, and what's his is his.

I'd hate to see a nasty breakup leave you with less than your investment. I'm no real estate genius, but whose name is the property being put in? Are you investing perfectly 50-50 into the property? Can you get some legal document drawn up that specifies exactly who owns what that will help you protect your money?

Better advice -- get married before you start buying property with someone, or have just you, or just he own and COMPLETELY PAY for the property, with a rent arrangement if you are co-habitating.

Which leads me into the argument against unmarried couples living together, but you can call Dr. Laura for that.

Good luck,
KBecks
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