[quote=XBoxBoy]I’ve known of too many cases where “family help” ended up being “family involved in my affairs”. Given how low interest rates are, I’d go with a conventional loan through a bank. I’d be profusely grateful to my inlaws, but I would not tie my finances into theirs in any way.[/quote]
These are excellent points. Of course, only the OP can decide whether this is likely to be an issue in his particular situation. I’d say, if all the documents have been drafted properly, and the loan is not callable, you are generally immune from family interference: as long as you pay your P&I on time every month, you don’t have to allow anyone’s involvement in your own affairs.
