Should i invest my money in to my brother in-laws business? He needs cash to pay vendors and taxes. He needs a minimum of 300k. He has been struggling to do bad business partners. His business makes money. It is just a hard one to get financing for. No it’s not illegal.
I don’t know your exact situation so take the following for what it’s worth:
Have you ever noticed that a person with many “bad” business partners tends to also be a “bad” business partner?
Does it seem like businesses that claim to have difficult financing solutions tend to be the ones that are generally mismanaged and/or have serious operational and business process issues?
When does a business investment become a personal loan? When you are related to the investee/borrower.