Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open.

Are my parents ripping me off with this deal that doesn't allow me to build my equity in my home?
You are being ripped off on several counts. 1) 40k is 26% not 25%. 2) Why should you pay them $500 rent? they bought a share of the property, they should fund it if they intend to keep 75% 3) Why do you need to pay them for the 75%? why dont they need to pay you for the 25%? You are better off getting a loan for the 75% and going solo so you get to buy equity.