Three green amigas need advice - Posted by Rosalie
Posted by Rosalie on October 08, 2002 at 23:17:47:
Ok, here’s the situation:
Three people. Two people have excellent and good credit. They have 20K debt with a combined income of 91500./yr. Presently rent. Have no cash.
Third person has no job. Just claimed bankrupcy. BUT has 82K cash however since they don’t have a job they want to keep a researve of 20K.
Ok, here’s where it gets tricky. The third person wants to move out of state and “buy a house”. This person wants to occupy the house.
How can we make her money and our credit work for a win win situation so we can all get in on the purchase investment when the third person wants to occupy the house?