Mine and SO's lease is up in August and we've been toying with the idea of buying a house. We could afford a house upwards of about $140k. BUT, there's a second option. SO's mom needs to move out of the trailer she's living in. She doesn't want to move into an apartment because, to her, it's just throwing money away to rent. We went out to lunch today and she talked about possibly moving in a house with us, and splitting bills. With that, we could afford a house that is about $200k.
I was against it from the beginning. I mean, who wants to move in with their parents/MIL? Not to mention, I don't want her intruding on how I choose to parent future LO(s). But I'm trying to take SO's points into consideration. She'd be able to watch LO at night since he and I both work night shift. Her health won't be in jeopardy anymore. And we'd get a bigger house with a bigger yard... just everything bigger and more spacious for when we expand our family.
NOW, the houses to put things into perspective.
A) $140k.. the house SO and I could afford on our own. 3 bed, 2 bath bi-level.
B) House that his mom would be living with us in. $199k 4 bed, 4 bath 2 story.
Obviously these aren't the exact houses we'll be looking at. But just to show. Both are nice... the second is bigger. Would the bigger house be WORTH having your MIL living with you? I love her to pieces, so it's not like it'd be torture to see her face daily. We get along wonderfully. I'm just so stuck on raising my kids with someone watching over me. Not being able to walk around pant-less
Having to be considerate of someone else (not staying up late and making noise, stuff like that). She tried saying she'll be in a nursing home in no time and it's no big deal. omg. My kid will be starting college by the time she's in her late 60s
Advice would be awesome!