No. of Recommendations: 0
Myself and two of my buddies want to pool our money together and buy a house. It would be very hard for any of us to buy a house by ourselves. Therefore we would split the downpayment and mortgage 3 ways.
Are we allowed to do this? Can you have the house in 3 people's names?
How messy would the finances be when one of use want to sell out of our share down the road. Do we all have to sell together?
Overall, is this recommended.
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