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All right. Let's go to the phone lines. Mitchell joins us in Anaheim, California. Mitchell, what's going on?

Thanks for taking my call. Sure.

So my problem is, or question is, I'm trying to buy my first house.

I'm 35 years old, married, Southern California is an expensive place, so it's hard to get started.

My in-laws are offering to provide a down payment of $200,000 toward $900,000 house.

However, the down payment is not a gift.

It is a investment for them.

Red flag.

And so it would be an investment property for them where, you know, down the line we sell it,

they get 50% of the profit.

We get the other 50% but we also get to put money into the home instead of paying rent.

Red flag, red flags all over the play. percent, but we also get to put money into the home instead of paying rent.

Red flag, red flags, all over the play.

I can tell you don't feel good about this by the way you're talking about it.

Yeah, I mean, if everything worked out financially, it would help us get started, obviously,

you know, because right now we're paying $3, month in rent sure it's one of those scenarios where everything

has to play out just perfectly in order for it to work and there not be anger or

bitterness or he said he was going to do this or, ooh, we. Yeah.

And, yeah, and so, I mean, I'm worried about, I mean, what happens when something breaks on the house who's paying for it?

What happens when, you know, there's taxes due?

What happens when the house appreciates the $2 million and now they get a million dollars?

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