Right, so its the silly hour again and my brain is in overdrive. May as well write.
The boyfriend wants a house. I have been resisting the idea because it means putting down more roots. And it makes my exit strategy messy. And apparently, even with our combined salaries, we're too poor to get a loan for anything decent from the bank. So the alternative would mean me taking a loan from my boss as he'll likely give me affordable repayment terms etc. Well if he agrees.
Obviously I want to make the darling boyfriend happy, so I've been trying to come up with a workable solution.
We can't take the loan on his name because my boss simply doesn't like him, but I shouldn't take it just on mine because he must be left with the house without us having to go through transfer and all those fun things.
So far what I've got is to form a trust and have it take the loan and buy the house. That way, when I go, the boyfriend will just have to continue with the repayments and I can make the excuse that I never really wanted it anyway. Still abit messy ito if he ever wants to sell.
Unless the trust can be set up in such a way that one person can make these decisions. Alternatively, we get a third trustee and have any two to sign arrangements. That might have potential, but clearly I need to speak to someone knowledgeable about these things as I could just be speaking out my butthole here.
Next, there has been talk of me setting up a company with one of my colleagues and buying 1 or 2 existing small businesses with the help of the company I work for. Same industry, so known territory, just on our name. My boss has already approved the concept and will give us the financial backing we need. Until we got his support it was all just pipe dreams and I was just kind of going with the flow, not getting too hung up on it. He could have said no. But now its more concrete and I seem to be getting myself more and more entangled into this whole thing.
I should be excited, any normal person would be, but I'm not at all. Feels more like I'm being backed into a corner and that I don't really have a choice. And funny enough, if I'm gonna ask for that home loan then in truth I really don't have a choice about this. Makes the whole disappearing thing more complicated. And its a lot of debt. Of course, there is the potential to make some good money once the loan is paid off, and it may be a long time before I feel I need to go, but I'm still apprehensive.
I could just pull out of the company at that point, but if it works it would be such a waste as ideally it would be almost passive income. Or perhaps I would want my family to benefit, but again that's messy so its probably not going to happen. And as with anything of this nature there's risk involved. I need to put some more thought into this.
So far the best course seems to be before I go to make my excuses and pull out. Maybe find them another partner at that point. I'll piss off some people, but its probably better that way.
I don't know. All of this seems like its part of somebody else's life and I'm just going along with it.