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Reply to "Did you get parental help to buy any houses you own? "
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[quote=Anonymous]We put down $50,000 from DH's family for our first house - bought it for $285, sold it for $410 five years later (2000), bought our current house for $585,000 and it is now worth (on Zillow) 1.7-1.9 M. We did pay for a major renovation, so this is not as good as it seems. We are trying to help our kids the same way but today's equivalent would be more than double for the same sort of starter property. [/quote]
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