Renting a house or apartment with a friend is a great way to save money, and it allows you to enjoy the company of another person while doing it. While it’s common for friends to rent a place together after high school or college, it’s often a short-term arrangement until one marries or can afford his or her own place.
However, if you don’t foresee marriage in your near future and your present roommate situation works, you might consider buying a house with your friend. While some people would never enter into a mortgage agreement with someone other than a spouse, buying with a friend can be a smart investment – as long as you know the risks.
To read the full article, please visit Is Buying a House With a Friend a Good Idea?
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