>Parents want me to cosign a mortgage
Parents want me to cosign a mortgage
My parents just told me they would take over my car and insurance payments so i don't move back in lel
They are stealing your credit score
"No."
>mfw parents own a £400k house no mortgage whilst busy building a second house in Florida, and i still have to pay them £300 a month rent.
sounds like a good deal desu
>gf’s parents keep wanting us to buy them a house
we sign and put up the downpayment, but they would be renting for us. Essentially having them pay off our mortgage. Seems very risky, but i have no equity just link
>be boomer
>have low credit score
>no collateral
>need your own son to cosign for you
>>mfw parents own a £400k house no mortgage whilst busy building a second house in Florida, and i still have to pay them £300 a month rent.
That's why they have who homes, think about emulating that mindset
Adults don't get to live for free. 300 bong bucks is cheap rent. Be grateful.
Imagine your own parents making you pay fucking rent lmfao. Must suck to have boomer American parents
How longs the mortage for? Surely you'll get the house after they die?
Imagine how disappointing it must be to have an adult son living with you that can't even contribute enough to the household to justify him having a bedroom. See that reminder, everyday, that not only is your legacy unable to build their own life, they continue, endlessly, to sponge off of your resources. Sad.
>Mfw parents want me to commit suicide with them
move out immediately.
Will you get the house if they die?
If they sell the house do you get a cut, how much?
Write that shit in a contract dude.
Know a guy who did that shit and he got rekt by his own mom.
He is now 140k euro in debt without a house because his mom didn't had any insurance on the house and it burned down.
Nah you're a faggot bro I've saved my parents from foreclosure. Twice
It's like Jesus. I don't mind helping but cmon now. Pay your bills. I'll never put my kids through that. Matter fact, their college is paid for already. You should want your kids to do better than you. I don't want them to work, but they need to value money.
If you have that mentality towards your kids you should've put them up for adoption and then killed yourself
I give that mother fucker EVERYTHING because I'm his DAD. He doesn't owe me SHIT
I even have Bitcoin in cold storage for him. Life insurance on myself for him and a will. I'll never do my kids how my parents did me. EVER
based beyond belief i hope ur kid honors you
>saved parents from foreclosure
Sounds like you are pulling your weight. Kudos.
>I don't want them to work, but they need to value money.
This doesn't make any sense. Work is the only lesson that teaches the value of money. If your kid is an adult, and you provide everything for them for free, then they will not value money. They need to go out and work some shitty job and see that their time is worth a measly $10 an hour, which they get to take home $7. It also teaches them how important an education in a job-producing field is. I'm not saying to charge them market rent plus utilities or anything. But if they are adults, they should be able to work part time and contribute something.
This.
Nah, they’re gonna sell the house and buy another boat when they retire.
Well that's great. We don't have enough privileged, entitled kids running around protesting for BLM, that think money comes from daddy. The best thing you can do for your kids is teach them that getting money takes sacrifice and sometimes you have to do things you don't want to, in order to survive.
this, kids need a tough upbringing or they will be lazy tranny S O Y boys loser manchildren incel cuck neckbeard simp liberals.
zoomers are litterally the tranny generation thanks to their lazy entitled up-bringing.
Lucky. I’m waiting for mine to pass before I get to do it.
he listed his price in pounds you onions cuck
Me too
It is
Money isn't everything I rather teach him compassion and to help others. I get what you're saying. I do. It's like a fine line
We'll go camping. A lot. McDonald's during high school so he realizes it's shit.....but to be honest he doesn't have to work lol. Working sucks. I dont even work.
Many such cases
>become a jew
BASED BASED BASED
My rich-ish uncle did that to my cousin. When he finally moved out, he gave it all back plus interest. Maybe it'll be the same for you.
Lol the game is rigged so you may as well help your kid out where you can. Charge rent and put that rent in a vanguard for them or something.
Same as me desu
>parents own £385,000 (Dec '17) 3 bedroom City Centre Apartment (Not London)
>parents rent out 4 Other Nice Apartments, each at roughly £600/Month
>Keep pushing me to take out a 250k+ (((Mortgage))) as a first time buyer
>Make me pay £200/Month Rent
>mfw