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Normal to get down payment from house from parents/grandparents?
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Date: May 4th, 2025 6:26 PM Author: Rodeo Lewis I had no help from parents either did my wife. We had to buy our first home during Covid. It was a two bedroom trailer basically converted into a house. $136k. We then sold it this year for $260k and bought a nice townhouse for $475k.
I make more than my friends yet they all had huge houses they bought around and before Covid. No way they afforded that. Or are they crazy and overleveraged?
I have no problem with people who get money from parents but it’s annoying when they act like they’re better. |
Date: May 4th, 2025 6:27 PM Author: Nordic Nightmare yes (http://www.autoadmit.com/thread.php?thread_id=5720420&forum_id=2E#48903694) |
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Date: May 4th, 2025 7:03 PM Author: Rodeo Lewis 180 moniker especially in reference to the boxer (http://www.autoadmit.com/thread.php?thread_id=5720420&forum_id=2E#48903799) |
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Date: May 4th, 2025 6:30 PM Author: Die Hard 2: Die Harder Yes its wildly common now. Pretty much any person who has shared with me the details of their house purchase (or all people I know closely) had parents contribute a lot. So looking around at the rest it has to be a high percentage of people. Everyone else buys a condo (http://www.autoadmit.com/thread.php?thread_id=5720420&forum_id=2E#48903698) |
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Date: May 4th, 2025 6:31 PM Author: tarrifs Yes. The disadvantage of having poor parents never goes away (http://www.autoadmit.com/thread.php?thread_id=5720420&forum_id=2E#48903700) |
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Date: May 4th, 2025 7:04 PM Author: Rodeo Lewis Irony is hers are rich (http://www.autoadmit.com/thread.php?thread_id=5720420&forum_id=2E#48903803) |
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Date: May 4th, 2025 6:32 PM Author: internet g0y this is one of those things proles have a chip on their shoulder about when they learn that wealthy people do this. (http://www.autoadmit.com/thread.php?thread_id=5720420&forum_id=2E#48903701) |
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Date: May 4th, 2025 7:05 PM Author: Rodeo Lewis No chip. Just admit it though. (http://www.autoadmit.com/thread.php?thread_id=5720420&forum_id=2E#48903807) |
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Date: May 4th, 2025 6:42 PM Author: jevv Chinese are all-cash buying homes for their solo kid (http://www.autoadmit.com/thread.php?thread_id=5720420&forum_id=2E#48903724) |
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Date: May 4th, 2025 6:43 PM Author: Covid was a Hoax very normal yes (http://www.autoadmit.com/thread.php?thread_id=5720420&forum_id=2E#48903726) |
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Date: May 4th, 2025 6:44 PM Author: THE FEAR Fairly common.
I was offended once when a friend assumed I did this when I bought my first property 1 year after law school. He just couldn't wrap his head around the fact that I wasn't a retard and didn't waste all of my money buying unnecessary GC shit. |
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Date: May 4th, 2025 6:52 PM Author: Covid was a Hoax did you buy a 90k tiny home (http://www.autoadmit.com/thread.php?thread_id=5720420&forum_id=2E#48903756) |
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Date: May 4th, 2025 7:07 PM Author: ...,,..;...,,..,..,...,,,;.., universal for jews and chinks. goy white bootstrap boomer parents, no (http://www.autoadmit.com/thread.php?thread_id=5720420&forum_id=2E#48903811) |
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Date: May 4th, 2025 7:08 PM Author: ""''"'"'"'"'' trust funds. help from parents grand parents. I know a lot of these and they all got really nice houses, 3 bed, nice yard, they arent going anywhere. Everyone else rented, room-mated, condoed until they had a dp ftge (http://www.autoadmit.com/thread.php?thread_id=5720420&forum_id=2E#48903813) |
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Date: May 4th, 2025 7:09 PM Author: evan39 Maybe not in the past, but it's becoming "normal" now. The median home price in my area is $900k. (http://www.autoadmit.com/thread.php?thread_id=5720420&forum_id=2E#48903816) |
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Date: May 4th, 2025 7:20 PM Author: Rodeo Lewis Same. My in laws are pieces of shit. They live down south telling me no way my townhouse is worth almost $500k. (http://www.autoadmit.com/thread.php?thread_id=5720420&forum_id=2E#48903843) |