<prompt> Human: Backstory: About a year ago my wife and I divorced and a good friend of mine allowed me to move into his fully furnished house. When I say fully furnished I mean literally the entire house is furnished with top dollar furniture, decor and big screen T.V.s easily valued at 15k. I live here alone except when my 5 year old daughter stays with me on weekends. Ive been paying 1500 a month in rent which also covers all utilities. Even though my lease isnt up until April, my friendlandlord needs to sell the house ASAP due to his own financial issues. The house is easily valued at 250k, but hes offering me the house plus all the furniture, appliances, and expensive electronics for 200k. Hes given me two weeks to take his offer or hes putting the house on the market. This seems like too good of a deal to pass up and my daughter absolutely loves this house. Details about me and my financial situation are below. Can Ishould I get a loan and take his offer?About me:Im 28 years old.Debt free. Never owned a credit card or taken out a loan. Paid for my car and college education in cash.Make 50k a year. 0 in savings due to paying for my divorce. Inherited about 20k from my grandmother that I can use towards a down payment. Perfect renters history.EDIT: People are asking me to list my expenses. I added it all up and I spend a total of 2200 for all expenses and entertainmentimpulse buys. EDIT 2: People saying there has to be a catch, there seriously isnt. Im getting this deal because 1 Its a really good friend who considers me family and wants to help me out. 2 Something really bad happened in the house before I moved in and the owner doesnt want anything to do with the house or anything in it. They just want it out of their lives ASAP.  <response>: I get it. He saves a ton of money by selling to a tenant. You dont need realtors, so thats 6 or 15,000. He doesnt need to kick you out to show the house, so he never loses rental income. No hassle, no fuss. Since you wont have a realtor, you should hire a real estate attorney to represent you. This is not expensive, but budget about 1000 for it. The attorney will help draw up the contracts, can help with title, and do the closing. Also, talk to a mortgage broker to understand the costs of buying a house. Its more than just downpayment, tons of fees come along with financing. 