<prompt> Human: Ive been a frequent reader of personalfinance, and had a qq. Im a 24M who makes 100K, soon to be 120K. I have 60K in liquid assets and 40K in 401K. Im also expected to get a 30K bonus, pre-tax in 1 year.I am considering buying a house in the Bay Area for 950K. I know this is a stretch, but my dad is willing to help put in 250K as the down payment.The idea would be to rent the house for a while, before moving in. Does this make financial sense? Im worried about being priced out of the Bay Area market long-term, as I know I want to live here.  <response>: I dont think youll be approved to borrow that much unless your dad is cosigning and also makes a lot of money. Having a large down payment doesnt change the fact that youd be borrowing six or seven times your income. 