My fiancé and I are looking to purchase a residential property. However, BTO are really tough to get and we’re trying to participate every time we get the opportunity to. So we are adamant about getting a BTO because it’s like a dream home to us.

Problem: Parents want us to buy an EC and they will loan us the money.

Issue: Fiancé doesn’t want to borrow any money from any side of the parents as he wants to buy it with own money. And to avoid the repercussions of the parents using the loan as a tool in the future to gain control over something.

Brought the issue up to the parents and they think that we “don’t want” their money. They were pissed about it.

Question: Now the question is, I am stuck in between them. What are your thoughts? Please share.

Here are what netizens think:

DONT. later alot of messy stuff. eh i paid so leave a room for me, eh i paid you should take care of me in retirement, i paid so much money and you dont want to do this and that for me?!?! Unfilial child, i paid so why cannot hv say in renovation… you will be so miserable, just buy resale. Later you do anything, anything, they will be able to 1 up you by bringing this up. What can you say?? The one that took the money hv no say.

Was in a similar position as you, OP – parents offered to loan us money for the house. SO was open to it (since it’s “free” money) and the older sibling also took up the offer. But I was against it and thankfully we didn’t borrow money from them.

It’ll be a very lovely 30-40 year zero percent interest loan, voluntarily dragged out by happy parents who’ll use your condo facils, use the guest room anytime either party argues and so on(retiree couples argue alot). They essentially want to buy a second home through yall. Run, dont walk.