How to Co-Buy & Homeownership Strategies

How to Co-Buy a home: A Smart Strategy to Homeownership

Co-buying a home is a powerful way to team up with a partner, family member, or friend to qualify for a larger home or increase your buying power.

Here are the key reasons why co-buying might be the right strategy for you:

1. Co-signing vs. joint ownership
2. Increase buying power
3. Splitting the costs
4. Tax benefits
5. Gift funds for down payment
6. Single family vs. multi-units
7. Legal considerations
8. Risk Mitigation

These benefits make co-buying an attractive option for those who are ready to take the plunge into homeownership but want to share the responsibility and rewards.

Benefits of Homeownership:

• 6% Average Home Equity Growth
• 30-Year Fixed Monthly Payments
• 4 Major Tax Advantages
• 40x More Wealth Built Than Renters
• 70% of Millionaires Built Their Wealth Through Homeownership

Co-buying is an excellent strategy for those ready to become homeowners and share in the responsibility—and rewards—of homeownership.

Host or Publisher Jolene Messmer