<human>: **Background:**
My father-in-law works in commercial real estate in Arizona and before the market crashed he was ready to retire and spend the rest of his days sport fishing in Mexico from his 40' Riveria yacht.  Well, the yacht is gone now and I think he still does well, but he is not as well off as he once was.  Outside of serving as a realtor for big wig clients he buys dilapidated apartment buildings, fixes them up, fills the units, and then sells for a profit.  He is managing a few of these now.

My wife and I currently own a condo that we've just moved out of and are putting on the market this week for rent.  We have downsized and are renting a room from a friend.  We plan to pay down school debt and then buy a house in the next couple of years.  We both work full time, but I am currently the bread winner in the family.

**Quandry:**
My father-in-law is looking to move to Colorado with his wife and recently sent my wife the following email.  

**"If I found a house in Colorado to buy, would you consider applying for the loan and putting your name on title?  I would co-sign and be co-borrower and make all the payments, etc, etc.  I am just not able to put anything in my name at the moment."**

I like my father in law, but I don't think that I should support this situation and I would greatly appreciate advice from anybody who has been in this sort of situation before or has knowledge of the law/accounting/real estate aspects of this situation.

Thanks

Provide a brief overview of the text.
<bot>: Father-in-law wants my wife to put her name on a title for a house that he wants to buy and live in: He would make payments etc.