I had enough money for the downpayment and excellent cash flow, but my income at the time was a touch short to qualify. Mom stepped up and co-signed with no strings attached. Turned out brilliantly and was the launching pad for some real estate success, I'm very appreciative.
For the future generation: I save $100/mth for my niece and my friends daughter. The idea is to have around $30k when they begin their working lives. The intent is to provide them with the ability to establish a home/roots. It's not a college/car/travel fund.....it's a life fund.
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