The Oh, Live from the headquarters of Ramsey Solutions, it's the Ramsey Show where we help people build

wealth, do work that they love, and create amazing relationships.

I am Ramsey Personality.

Rachel Cruz hosting this hour with my good friend and Ramsey

personality Jay to Warsaw and we're answering your questions life, money,

relationships, career, anything and everything. Give us a call. The first up in Gainesville Florida we have

Cameron on the line. Hey Cameron welcome to the show. Howdy thank you. So my

parents just sold their house in Texas and they can got a considerable amount of money for it

and they're currently in the process of basically planning for their future and recently also purchased a house in Gainesville, Florida, which is part investment property. I'm living there at the same time that kind of renting out rooms in addition to it. And my father brought up to me, hey, with all this extra money that we now have, you know,

would you like us to pay off your house and then that way you'll just pay us back instead of paying back the bank.

And I've kind of heard before you know Dave talk about not going to take money from

family members and I kind of just want to hear y'all's perspective on it the pros and the cons here.

Yeah I mean I think if you look at the pros side sometimes families in the situation

they do it with less interest and all this stuff but I

think honestly Cameron there's just more cons in this because I think the math

side sometimes can play into people and they're like oh well I don't they're not going

charge me interest or like whatever the deal is that's a better deal than the bank

but here's the truth I'm like it's a house

number one you're not talking about like we're going to pay off a five thousand

car it's your house and so for now and in the next foreseeable five ten years

you're going to be having Christmases and family dinners and you're going to want

Cameron to go on a great trip and they may be thinking wow why is he going on a trip

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