Dave Ramsey

So our...

My in-laws, his parents, helped us with a down payment on our house.

And now we're receiving a lot of, on my end, unsolicited financial advice about debts and what we're doing with our money.

And I guess I just want to know how much influence I should allow them to have in what we're doing with our finances as a unit, the two of us.

I don't know why they would have any.

Do you owe them the money back?

Do they loan you the money?

Well, they have a weird kind of situation.

They've done this with my husband's sister as well.

They kind of use it as a business strategy.

transaction with their kids so they'll help with the down payment on the house and in the future when the house is sold they would get their down payment back and a certain percent of whatever uh profit we would make on the house oh that was stupid you shouldn't have done that oh no that's horrible what an abusive mess yeah how much money did they give you

They put $300,000 down on the house.

Wow.

Yeah.

And how much is your mortgage?

Our mortgage is about $2,650 monthly.

So you borrowed $250,000?

We borrowed from them about the $300,000 that they put down.

Okay, I'm sorry.

I'm sorry.