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Benzinga
Benzinga
Business
Adrian Volenik

Too Good To Pass Up? Parents Want To Sell Their Home To Their Son, But The $1,500 Mortgage Might Leave Him Eating 'Ramen Every Day'

For Sale Sign

A 20-year-old Reddit user says his parents want to sell him their home for $220,000, cover most of the down payment, pay the closing costs and even leave behind nearly all the furniture. But there's just one problem: the mortgage would take up half of his take-home pay.

A Sweet Deal With Some Tough Trade-Offs

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