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Reply to "Buying a first home - did you get the downpayment from your family?"
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[quote=Anonymous]I borrowed about $14,000 from my parents to supplement my down payment. Paid them back in a year - I had a roomate who paid me a (nominal) rent - I sent that directly along to my parents. Often, I had him write out the check directly to them. That said, I don't get the vitriol heaped on people who DID get substantial help from parents. If the parents are able - why not? I certainly hope to be able to help my kids. (I like the idea of creating an investment account now, and forgetting about it.)[/quote]
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