Hallo everyone,
I am a german (26yo) expat living in the UAE and just at the beginning of my career to IR and FI. I would like to invest a minimum of 50% of my salary and so am looking at what to do with it. I am considering buying an apartment, now the lucky part is that it looks like instead of getting the money from a bank I can get it from my parents who due to my granny passing away last year have a lot of cash sitting around. rent per year is about 10% of the buying price in the area I would like to stay.
Now when it comes to paying my parents back should I do that asap, give them my full 50% every year?