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Reply to "parents helping with down payment??"
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[quote=Anonymous]All my friends who live in upper NW in 1m- 1.2m homes (bought in early to mid 30s) had some kind of help from parents, either in direct form of gift, huge personal loan, or bought them starter apartments which they sold for down payments. This is only 3 couples though. Then I know someone in a 1m home in close in VA but they were gifted the land. Finally I know someone in a 1m home near Rockville, who is a law partner with SAHP. I know that the 3 in DC don't have any student loans either. My friends are pretty down to earth and we are casual with this stuff across our circle so that's how I know. Its not really a big deal, some people have more and get more for doing the same, or often less. Its life.[/quote]
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