[grt8day]

Having family & financial situations mixed is difficult.
My sibling invested with us in the house we currently live. It was purchased as a flip--- 2 years ago. The plan was to live in it for only 2 years (since that was the time restricted by the city--it's under a special program). We used our 1st time buyer to purchase it and we got the loan. Almost a year ago when hubby just got out of the hospital my sibling told me he could no longer pay his part of the mortgage. This was a increase from 1800 to 2975 for us. Mind you dh was still on disability from work. My sibling was just matter-of-fact about not being able to continue his portion. Shortly after this, I found out about a shady business deal that was occuring by my sibling using my dh's personal info-- that could have put hubby in jail. With a confrontation over the phone I was assured this was going to stop. Our rocky relationship at that point was now pretty tainted.
Fast forward, we are trying our best to get out of this house deal. We see that we will lose all our money that was put into this deal. But, my sibling is quite intent on getting money out of this house. The market is horrible and we are continually lowering the price. We are trying to not get upside down. After a discussion with my sibling yesterday I see he now wants us to try to refi to try to keep it as a rental, and possibly sign a quit claim deed to get us off the title and he said we can get it off our credit. That is not an option for us though since we need to get out of this house in order to have a home of our own to live in.
I realize now how consumed my sibling is with money and this deal is making him crazy because he is not in control. Ultimately, we are the ones who will make the decisions. I just want out. I do not want to deal with anyone unethical. Hubby and I are doing are best to do the right thing and live with pride knowing we are doing the right thing.
I am thinking this may very well be the end of my relationship with my sibling once this house sells and they do not receive what they perceive as their due.
It has already affected my relationship with 2 other siblings since they are pretty much obligated to this sibling financially. One is very much twisted into unethical business transactions. The other just owes this sibling lots of $$$$.
Encouragement? Thoughts?/