06/01/2026
❓Can I buy a house with someone that is not my partner, spouse or family member?❓
Yes, it’s totally doable—and can be a smart way to afford a better property or enter the market sooner. But I always advise to treat it like a formal financial partnership, and not just a handshake deal.
Items to include in a co-ownership agreement may include -
👉 Who pays what (down payment, mortgage, repairs)
👉 What happens if someone wants to sell
👉 Buyout terms (how one person can buy the other out)
👉 What happens if someone can’t pay
👉 How decisions are made (renting it out, renovations, etc.)
Bringing in a real estate attorney is often a smart step to help make sure everything is covered.