<prompt> Human: My boyfriend and I are strongly considering buying a house. The only issue is that we dont have much saved up, and we are stuck in the crappy cycle of renting. We make pretty good money and dont have too much debt. Were thinking now is a good time to buy - our rent right now is fairly cheap for where we live, but we have to move for his job in a couple months to a city where the rent will be quite a bit higher. We basically dont want to be stuck paying double for rent, what we could actually be paying for a mortgage. Unfortunately, his job just sprung this on us recently and were in a tight spot.I make about 30k per year, he makes 70k. Our debt isnt bad. I have 10k from university, we both have pretty cheap cars less than 5k each left on those loans. He recently just finished paying off his school loans, which is why he has very little saved up.We have more than enough to pay bills and a mortgage. The only problem is that we only have about 5000 saved. Is it a horrible idea to take out a line of creditloan from the bank to put towards a down payment? Weve crunched the numbers and the down payment is the only thing standing in our way at this point, and we wont be able to save up enough in the next couple months.This is all brand new to me so I appreciate any advice! We live in Canada, if that makes any difference. :  <response>: 1 Never buy a home with somebody youre not married to things get messy if you ever split up. Many, many horror stories on this sub and across the Internet.2 Never buy a home with little to no savings. Emergency fund is necessary for obvious reasons, and down payment and closing costs are not cheap either.3 Never buy a home unless you plan to live there for at least 5 years. Unexpected things happens all the time, but if a job changemove is imminent, buying a home should be pushed back.These are just my opinions and how Id look at the situation myself. Best of luck. 