Timeline for Split buying a house 3 ways. How do I approach this?
Current License: CC BY-SA 3.0
5 events
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Nov 25, 2016 at 6:36 | comment | added | jpmc26 | @Grade'Eh'Bacon (and Aymor) Agreed, of course. It's just worth being aware that the situation may have already gone far enough to cause some damage and that there may be social pressure to continue. Still better to get out now, especially if that's the case. | |
Nov 24, 2016 at 19:02 | comment | added | A.S | @jpmc26 Thank you for pointing this out. This is indeed a risk, but the savings of risk associated with doing business with friends is significantly greater. It is much easier to forgive someone for something they did (or did not do) before it costs anyone any money, than afterwards. | |
Nov 24, 2016 at 15:05 | comment | added | Grade 'Eh' Bacon | @jpmc26 If the OP's friends get mad for walking away from this venture (ie: they have conflated business reasoning with friendship), those are the very types of friends the OP should not be in business with. Linking financial risk with emotional obligation leads to poor decision making. This is exactly why one should keep their business and their friends separate. | |
Nov 23, 2016 at 23:35 | comment | added | jpmc26 | ...unless his friends get mad for him walking away and making it impossible for them to buy it. =/ | |
Nov 23, 2016 at 17:41 | history | answered | A.S | CC BY-SA 3.0 |