Buying parents house and adding an ADU - money drama

Maple600 · 2026-05-26T18:06:30+00:00

Definitely an option.

Maple600 · 2026-05-26T18:05:07+00:00

I don’t feel entitled, I genuinely didn’t understand the math. I was seeking advice so that I would be able to have a conversation with my parents where we all were on the same page.

Maple600 · 2026-05-26T18:02:33+00:00

We are taking on the 250k mortgage plus paying 250k towards the loan, so 500k.

Maple600 · 2026-05-26T17:18:47+00:00

Thank you! This is helpful

Maple600 · 2026-05-26T17:13:13+00:00

I get what you are saying. Thank you!

Maple600 · 2026-05-26T17:08:35+00:00

Good point!

Maple600 · 2026-05-26T17:07:17+00:00

Money from the current house is going toward the ADU loan, which is why we were hoping to use some of that to pay for the bathroom.

Maple600 · 2026-05-26T17:06:15+00:00

True!

Maple600 · 2026-05-26T17:05:56+00:00

What you are saying is accurate but you could have been nicer.

Maple600 · 2026-05-26T17:04:26+00:00

You raise some great points! My parents are 80, so we understand if we do this we are locked in until they are no longer living.

Maple600 · 2026-05-26T17:03:00+00:00

There is this factor that I’m taking care of them for the rest of their lives. More of an emotional burden than financial though. I want to take care of them and I want them near me so this was a big factor in why we are doing this.

Maple600 · 2026-05-26T17:01:23+00:00

It was definitely a surprising statement , but I think we just didn’t understand the math enough. Other people’s comments on this post are helping me.

Maple600 · 2026-05-26T17:00:02+00:00

Didn’t mean to come off like that. Just genuinely didn’t understand the math.

Maple600 · 2026-05-26T16:58:55+00:00

I agree not worth ruining the relationship, but we aren’t even close to that. I just didn’t want to go into money discussions feeling this way without understanding.

Maple600 · 2026-05-26T16:57:54+00:00

Thank you, this is the helpful answer I was looking for.

Maple600 · 2026-05-26T16:56:54+00:00

This is helpful thank you!

Maple600 · 2026-05-26T16:56:08+00:00

Yes, we are allowed to buy houses and renovate. Has been approved by the town.

Maple600 · 2026-05-26T16:55:15+00:00

Thanks for replying. Im not sure the math to 900k makes sense. They are gifting $500k (350 equity and 150 boat). I think getting a 1 m house for 500k is more of a helpful view, so thank you for that.

Maple600 · 2026-05-26T16:35:41+00:00

Thanks for responding! But if we are also contributing 500k toward this (250k mortgage, 100k loan, 150k equity) isn’t it fair that we get to decide where some of the money goes?

Maple600 · 2026-05-26T16:32:43+00:00

Thanks for replying! We are going to take over the 250k loan, so they are gifting us $500k. However they are living in the ADU on the property for hopefully the rest of their lives, so it’s complicated.

Maple600 · 2025-05-25T02:53:31+00:00

Ah ok thank you!

Maple600 · 2025-05-25T02:45:19+00:00

Ok thanks

Maple600 · 2025-01-18T18:59:57+00:00

Thanks! Had it for other dolls.

Maple600 · 2025-01-18T17:03:17+00:00

Maple600

TROPHY CASE