<prompt> Human: My dad wants to buy a building, and he wants me to co-sign for 200,000. Honestly I think its a good investment but I think Id rather just take a loan out myself for 200,000 and put it toward the building. Why? Because I feel like it gives me more authority over ownership of the building if I take out the money myself and put it in. I put the money myself rather than I co-signed on your loan. The building is worth 500,000 and I will have a 50 stake so good deal for me. So heres my question, to me, whats the difference between co-signing and taking out the loan and giving it to him? Is there any difference in liability for me? Thanks guys this means a lot to me.  <response>: Which ever direction you choose ask yourself this question: If shit hits the fan are you and only you prepared to pay back 200k? If the answer is no, you should reconsider being apart of this venture. 