<prompt> Human: Hello PF!Im a 25 year old single dude, working as a federal consultant salary 65k, living at home with my parents in the DC area and my parents and I have been exploring options to move me out of the home and into the wild. My parents collective salary is around 250k and theyve been talking to me lately about being open to co-signing on a loan to purchase a townhouse or condo. Our current home is completely paid off with no plans to move,and my parents live a pretty spartan life style a life style I have copied, saved about 40k after my first year of work, drive a paid off car, party at most once a month, eat most meals in, no loans and so I would say my parents are pretty financially stable. They are looking into homes in the 400k-500k area.Is this a good or bad idea? Im not leaning any particular way, but I do know that this sub warns heavily against co-signs on loans, however on this occasion it is a cosign by my parents and they are relatively young mid 50s, we have a great parentchild relationship lol, and they expect to work for another 10 or so years with no plans to leave the area due to all our extended family living here. I also plan on living with 2-3 other friends in a townhouse to help with the monthly payments. So all in all, it seems doable for me as I myself also see myself living in the area for the long term due to the job stability here and the fact that my entire family is here as well.Thanks PF, I love you all and appreciate all the help this sub has been this early in financially independent years.EDIT: Having begun the day not leaning either way, many of you have convinced me continue saving up for another year or so. Thank you everyone for your input, everyone has been extremely helpful!Assistant: At 400k, your mortgage payment will be like 2800. Im guessing you take home about 3500 per month. Thats not a lot left...Human: Yes, I would certainly look to have roommates which I do not mind.  <response>: You cant count on always having roommates. 