<prompt> Human: Ok, so I matched into my residency and will be starting in July. Thankfully it is in Chicagoland which is close to my family and my wifes work. My residency will be 5 years.I will be making 55k with debt of 310k.My wife makes 50k not a resident with debt of 75k.5k in savings.We have twins coming in 2 months which is quite the surprise, we planned for one. My parents live 20 minutes away and have agreed to babysit. I will be paying them 400 a month which I assume is quite the bargain.We only have one car and it is a two seater. I need a car to get to work and so does my wife to get to the train station. I have a person I know who works for Honda who is willing to give me a new mid-level Civic and mid-level crv for lower than the price of the base model. I will be paying 45k out the door. Should I take it? With no cash I cant buy a used cars by owners or I could finance two used cars by dealer but my car search is still bringing me to a 30k-35k range. I feel the extra 10k is worth new cars with mid-high level trims.Student loans: I will be persuing pslf loan forgiveness and will be using paye or repaye and my monthly will basically be 400. My father agreed to pay it during residency.Now for the scariest part. The neighborhoods around my hospital are kind of bad, like notoriously dangerous. I pretty much have a few blocks to choose from. Rent here is typically 1900 for a 2 bedroom. The other option is to buy obviously. Instead of an apartment I can get a house with a cute yard and 3 bedrooms for 275k-300k. Some condos with minimal hoa fees also in a similar price range of 230-300k. Ive read white coat investor and it seems he prefers rent but I just dont see the viability in this location.This honestly seems like a lose lose situation. I am in debt and am about to throw myself deeper in debt and I have no idea how to bring this under control.  <response>: You are 400k in debt. You are in no position to be buying a house. Just rent the house with the cute yard. When you are living off the charity of your family to watch your kids for free and pay your student loans, no, you dont have 10k to put into trims.If your friend is at Honda, get him to get you a slightly used Honda and be done with it. You are 400k in debt and dont need to be buying a new car. 