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re: Unique financial situation- could a financial advisor help?
Posted on 2/11/15 at 10:34 pm to LSUFanHouston
Posted on 2/11/15 at 10:34 pm to LSUFanHouston
Def talk to your parents first and ask if they are willing to be a safety net if you try this.
Gifting you some type of downpayment would be huge.
As I mentioned earlier if you pay off early and build equity, the issue with "staying in the area" becomes less and less as it is easier to sell the house
Gifting you some type of downpayment would be huge.
As I mentioned earlier if you pay off early and build equity, the issue with "staying in the area" becomes less and less as it is easier to sell the house
1
Posted on 2/12/15 at 7:45 am to GenesChin
I agree with the others. The plan is good, but dont cash out the retirement to do so. You can easily save the $6000 you have in retirement, but I would shoot for a full 20% or greater down payment. You have no bills living at home..... this is the time to pile up cash.
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