I can’t decide who’s wrong. Can you help me by calling it please?
Dh runs a very new but successful gas business. The success is based purely on hard work and a good reputation. Long term aim was to also get into property, flipping or renting. 12 months ago he finds a deal, a semi that needs refurbish with a pot with outline permission. He thinks he can do the house refurb and then selling to break even to leave him with the building plot which he’d own outright. He needed a 12 month bridge as he didn’t have necessary funds and his parents put up their home as guarantee. I begged my dh not to go ahead as I thought the risk was too great. I wanted him to have money behind him before he did property.
So 12 months on massive over spend on house but the house has been done to a fantastic standard and sells for 15% more than expected. The plot hasn’t gone well as it’s small and architect did a poor job. Outline permission has expired on the plot. Dh has to fund over spend rinsed the business of all the cash and basically we’re broke. Luckily I inherited a large some of money. However I’m really pissed off he’s had to have 30k from my inheritance just to keep business afloat. He promised me he wouldn’t need any money from the business to fund the property.
So he owes me 30k and another creditor 12k. The house has paid back the bridge. So my problem is basically I feel I’ve ended up paying for him playing at property. His attitude is that it’s been a success and we’re married so the inheritance is our money and he’d support me if the roles were reversed so I should support him. He’s now found another good deal that he wants to do and on paper is does look very good - however again I’ve begged him to get straight financially before he does anymore deals. He says the only way to get straight is to do another deal. He’s very open about not feeling guilty about the first project and puts it down to a learning experience. I should also add that he has had businesses before which failed and the fall out there was in excess of 30k which family had to pay.
Aibu? I’m starting to think dh is devoid of a conscience or guilt.