<prompt> Human: To start, my credit isnt even that great. Like, low 600s not great. But it is still leagues better than my fathers. It sounds like he has everything lined up to go well. He has the down payment, the house is in foreclosure, and his boss wants to use the garage as the workshop for the company my dad works for, so boss man would be helping significantly with monthly bills and mortgage payments. Literally all he needs from me is my credit score and I would get a free place to live which I desperately need atm, but thats another story and a boost to my own credit. Sounds great right?I also know that this could royally fuck me for the rest of my life and I dont have any foundational knowledge on how exactly it could screw me over. My dad also hasnt given me much time to process and research, which makes me incredibly nervous. Where do I even start looking to figure out if this is a good idea or not?Edit: First, thank you to everyone that has responded. My initial reaction was a strong no, too. However, I was able to talk to everyone involved and I got some more information. The current owner of the house is in a financial state where it would be better to sell the house for no profit than to let the bank take it. Dad knows about this deal because they are old friends. The only reason Boss man cant buy it currently is because there was a clerical issue that has been found in his favor, but it wont be fixed until September. Dads credit got wrecked in the divorce. Mom screwed him over while he was in a place where he had litterally no power to do anything. Since then he has been pretty much sacraficing his credit to save mine. Like not paying his bills on time to make sure mine would be. Ive been going through a nasty break up myself that left me with an apartment I cant afford, bills that were meant to be shared left in my name, and a pissed off ex that wouldnt pay me back. The job I had before the break up was plenty sufficient before the break, but not so much after. Im already looking for a new job. The plan was to move into Dads trailer until said new job is found and I can find the new place because my lease is ending and I need a larger paycheck to qualify for my own apartment.If I do this, and dont shit a brick, its still a very large if, it would be less of my dad borrowing my credit and more him giving me the money to buy it. We would then set up a lease agreement with a rent that matched the mortgage. Boss man would also have a lease with a set amount to pay and would be willing to purchase outright anytime after September. Ive known Boss man for several years and watched him set up and sell multiple successful businesses over the years. His current one is taking off like crazy no details cause privacy and would take the deal now if he could. This guy knows his business. The rush is that the bank is taking it on the 11th. Once the bank has it, the advantage we have in the situation disappears. If the current owner sells it before the bank takes it, he doesnt get a foreclosure on his record. So he would rather sell it to us than let the bank take it even if he doesnt make any actual money on it.Im going to see if I qualify. If I dont, theres nothing to worry about anyway. If I do, Ill be able to talk to a qualified person about everything.  <response>: Tell him no. It is never a good idea to take out a loan for someone else. 