My parents have maybe 10+ million in houses and still said no 😅😅 that are tough love and I have to do it on my own apparently! I’m paying $710 rent
2024-11-26 03:26:59
19
Sudsierbison598 :
nobody wants a 850k house. I'd rather spend 850k on my kids. or buy a massive caravan for 85k and a 50k f truck and live off the ocean and still be ahead
2024-11-26 09:29:05
2
Stephanie.lee🌻 :
Yep but that mum and dad has 4 kids… so then that means who does mum and dad go garuntour for?
2024-11-26 01:02:08
2
Cassie G. :
my parents did this for me!
we bought within our means and not above! we have just paid our house off and they now have the titles back to their house.
2024-11-26 02:34:03
3
Dilligaf :
some of our parents were to afraid be guarantor but hey good for you
2024-11-26 11:23:09
1
zacharytf91 :
If your parents have a house in newzealand can I use that house in Australia
2024-11-26 12:06:37
0
27lee :
Paying rent as a single person when rents $500 a week is hard! Kids are at uni and trying to help them as they stress working and studying at Same time hoping to pass exams , this new world is ridiculous
2024-11-26 11:36:11
1
Havoc_vk :
yeah sounds good unless you don't have a guarantor. or for some people can't afford the ridiculous house prices and inflated interest rates
2024-11-26 02:02:40
3
Julza🇦🇺 :
Is there payments ontop of the equity? Or is it just security
2025-01-07 03:40:20
0
Blue Eyed Reformer Mum :
I’m a single mum with one daughter. What do you suggest
2024-12-23 06:39:15
0
Martin McLean :
Or just don’t buy a house
2024-11-30 22:51:56
0
Rav Bains :
and how this entity is used to pledge a person's lifetime labor as collateral. It also defines what a person legally is versus a human being.
2024-12-05 10:04:03
0
simoneValentine._ :
But we still keep our home, we owned half. Just make sure if there are siblings that the parents honour in legal doc what you verbally agreed on.
2024-11-26 00:13:48
0
J J :
👌 however your cousins and siblings can also be a guarantor as per some mortgage brokers
2024-11-28 08:58:47
0
Nat :
We did this for our daughter’s first house. We had conditions and it worked out perfect. We will do it for our other daughter when she is ready too
2024-12-02 10:13:36
0
TNC Group :
that would be amazing if parents could help there kids lile that
2024-12-01 11:58:57
0
Noah took over :
This is how we got into the market we were lucky enough to be in a position to release them within 6 months ❤️
2025-01-04 13:48:29
0
Hanley 66 :
That’s exactly how I started off. I was very fortunate that my folks were in that position
2024-12-05 19:41:53
0
Charlie Rae Edwards :
😂 I thought yeah I’m in the market now, but damn the mortgage is so high..😔
2024-11-26 22:39:21
0
Alcapone👑 c club :
Budget😏😏😏
2024-11-27 05:51:24
0
Tiara Tui #StaffyQld :
off the subject... I'm an owner occupier for 7 yrs looking at investment property in the next year. Do you think it's smart to switch to investment and have 2 investment properties, and rent
2024-11-27 00:25:09
0
Shane :
Does it have to be a parent for guarantor like can your friend be it
2025-01-07 05:07:10
0
vanvanxo :
My parents did the guarantor, and after a few years thanks to Covid I had enough equity to get them taken off.
2024-11-28 01:06:17
0
GenX_sweat :
nope no way once in a relationship and they split huge problem
2025-01-24 05:55:26
0
Emily Jane young :
Mum and dad would of done this for me, unfortunately mum passed this year and dads only on a DSP doesn’t qualify even though they own a $1mil home
2024-11-26 01:46:33
0
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