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Reply to "Did you get parental help to buy any houses you own? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]100k gift for DP towards first house. Proceeds from sale + 350k gift towards 2nd house DP. In return we gave them 3 grandkids so it was a win-win. [/quote] We gave our parents the same and didn’t get that. I think we are in a unique situation with super wealthy parents and absolutely zero help. Also got an athletic scholarship that covered college in full. No help with education, wedding, travel to see them, down payments, grandkids and meanwhile they live in an 8m house. The most we got was $100 towards one of the kids college account lol. [/quote] This is similar to my situation though my parents are wealthy but not as wealthy as yours. I didn’t get anything from parents except a good home growing up, a VW Jetta, and both parents paid for our wedding. I went to public schools. I paid, without any help from parents, for my undergrad, grad school, 1st house, 2nd house, 3rd house, 4th house, 5th house, transportation to see my parents, my two kids’ college, my wife’s MBA, our 50 ft Leopard catamaran, all cars after the Jetta, and many other things too long to list here. We grew our net worth to over $15M on our own without any help from parents. I don’t expect anything from them materially. I love that they taught me to be independent. They are good people.[/quote]
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