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Old 04-25-2012, 01:48 PM   #1
DoctorIrokezov

Join Date
Oct 2005
Posts
430
Senior Member
Default Personal question for the asylum
Looking for opinions from the inmates.

I'm thinking about buying an investment property with my father. 50/50 split. There would be no mortgage involved. Here's the question. Should I liquidate 50% of my metals position to do this deal?

Pros:
  • It would provide income every year.
  • The property would be maintained by my father who currently maintains another rental property he has.
  • It's in a location that is going to see much growth within the next 5 years.
  • It could also serve as a home for my family if we both lost our jobs...etc.
  • This is the ONLY person in the world I would consider doing this with.


Cons:
  • I would have to liquidate 50% of my metals position.
  • Most likely, I wouldn't be able to extract myself (if I wanted or needed to) for 5 years.
  • I would have additional exposure personally.



Thoughts?
DoctorIrokezov is offline




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