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Real Estate
Reply to "Can we talk about parents buying their adult children luxury homes"
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[quote=Anonymous]My parents helped me buy my first place at 24. I lived at home after college graduation and during my time in the police academy and rookie year. They offered me enough help so that I could afford the mortgage without a roommate. It wasn't in my best interest to have a roommate given my job. Once I met my future husband and we built a house together I used the equity from my first place as part of our down payment. My parents are pretty wealthy so it wasn't a burden to them and like someone else posted, the money would come back to me at some point. My mom said she would rather see me use some of my inheritance while she was still alive. [/quote]
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