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@klintala Gotcha. Thanks for letting me know

@klintala Why avoid a VA loan? Assuming I qualify?

@co3159 I have been in for three years, and I heard I might be able to qualify but unsure at the moment. I will call tomorrow to find out. I will also get that letter of equity signed by my parents and notarized as well. I didn't think about the 10% of expenses so I will look into it. I've...

@warriorinchrist14 I am in the process of doing that right now. The plan is to eventually live in the home say 10 years or so from now and make it my primary residence after my traveling is done and i settle down. But yeah I'm crunching the numbers

Also posted on r/personalfinance Hello Y'all. I (25M) am planning on buying my current family home at 200k and am applying for a mortgage. My parents are buying their retirement home. I am ready with my 20% down, with my parents giving me 15% of a gift of equity. I have some more in savings...