Quote:
Originally Posted by Stormspirit
Parents are offering me a deal on a new condo that will be finished in late 2015. 2 bedroom, 2 baths with balcony. Pretty much I get to move out and stay there myself, but I would have to pay $700 towards the mortgage since they put down payment on it with their own money. How good of a deal am I getting?
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You have to contribute to the mortgage!?! Are they that poor?
Walk away. Not a good deal at all.