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I earn $75K, have $30K in savings, no debt, rent from my parents who are losing their home. Should I buy a home now or save?
Plus, there's the feeling my parents want me to have a house in case   we can't save the one we (my mom and brothers) all live in. First, you should not be forced to buy a home because your parents are telling you to. You should have your own life. Period. That said, while you are doing well from a salary perspective, your savings are somewhat borderline for a purchase if you ask me. Meaning your savings would essentially be the full downpayment & then your whole paycheck basically becomes payments on the mortgage. Not a good situation to be in. My advice would be that if you can invest in something smaller—like a small apartment for yourself—that is what you should purchase.  That would allow you to invest in something but not be completely financially drained by the prospect. And then in a few years, you can sell that apartment & move onto something else.  Perhaps a house at that stage? But right now, a full home purchase would be a fairly massive risk.