Originally Posted by
winner69
I part own a couple of properties I have 'funded'
Simple partnership agreement, main bit I get share of capital gains. Not fussed if they reneged on the interest/notional rent/outgoings bit - essentially it they pay the rates, insurance and maintain the place they get my part interest free.
The clever switched on one doesn't seem any point in repaying it, uses that money to buy investment properties.
If they don't like the arrangement no money I say. They soon come to their senses.
Dad still needs to mow the lawns and cut the hedge occasionally though.