buying real estate with friends

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CityRealty, Features, real estate trends

Is Buying a House With Your Friend a Good Idea?

By Diane Pham, Wed, March 30, 2016

friends on a stoop

With deals below a million dollars few and far between, home ownership in NYC is out of reach for the majority. But what about pooling your money with a friend to make a big ticket purchase? This might come as a surprise, but taking the plunge and purchasing a property with pals—not a family member—is growing in popularity. But is this really a good idea? Ahead we go over some of the things you need to consider if you plan on buying real estate with a friend.

ADVICE FOR INVESTING IN REAL ESTATE WITH FRIENDS…