Barbara Corcoran: This Is How Millennials Can Purchase Their First Home

Real estate mogul and Shark Tank star Barbara Corcoran said millennials are likely going to need their parent's help when purchasing a first home.
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Real estate mogul and Shark Tank star Barbara Corcoran said millennials are likely going to need their parent's help when purchasing a first home.

That's because it's just too difficult to save enough money for a down payment. If one's parents aren't in a position to help financially, perhaps they can act as a co-signer on a loan in exchange for a piece of the home's equity, Corcoran noted. 

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