Co-Owning A Home With Friends: What You Need To Know
As younger buyers navigate a competitive housing market, many are coming up with creative solutions to pursue their dreams of home ownership. One such trend, which has recently received national media attention, is the practice of co-buying or co-owning a home with friends. For millennials in particular, a group that is marrying and having children later, if at all, purchasing a home with roommates or friends can be an attractive option that allows them to make a financial investment in a market where demand exceeds supply.
But buying a home with friends isn't the same as signing a lease with roommates, and comes with some pretty big interpersonal and financial consequences. If you're thinking about co-buying a home, learn about what you should know before you begin.



