Buying property with Friends ? Brilliant idea or run for the hills

Are you having thoughts of buying a property with a family or friends.

Is the thought of halving all the costs appealing to you?

There are lots of great reason for doing it, there are lots of great reasons for not doing it because it can seem like a bit of a battle getting into the property market for an investment or just somewhere to live. So the idea of buying with a friend or sibling could be a smart way to get a leg up to reach the first step of the ladder.

I dragged David Coulton and Michael Fratto of Scope Financial into the studio and got them to play good cop, bad cop on this subject that seems like such a good idea.

They pulled it all apart and came up with some great reasons to do it, not to do it and other solutions.

 

David Coulton & Michael Fratto

Scope Financial Services (02) 9651 5993