07/17/2026
Most co-ownership arrangements don't fail because of the mortgage.
They fail because nobody wrote down the rule about the cousin who won't leave. The partnership gets sketchy when Cousin Clem has been sleeping on your couch for 3 weeks and eating all of the Wheaties.
That's what this video is really about.
Not just how to buy a home with someone you trust — but how to live in it without destroying the friendship.
I break down everything in the full video:
🏠 The legal structure — title options, co-ownership agreement, what your attorney actually needs to draft
💰 The maintenance reserve fund — 1–2% of purchase price per year, the real math, and how to set up the joint operating account
👥 The living agreement — chore assignments, guest policy, the Cousin Clem clause, entertaining rules, quiet hours
🔨 Upgrades and labor credits — how to handle improvements so one person doesn't get shortchanged at sale
📋 The exit plan — right of first refusal, buyout valuation, what happens when one person wants out
Co-buying is one of the most underutilized wealth-building strategies for Black millennial buyers in the DMV. I've seen it create $80,000 in equity per person in three years — when it's done right.
This is how you do it right.
