On-The-Money-NerdWallet-Cobuy-House-Advice

An advertising sign for building land stands in front of a new home construction site in Northbrook, Ill., Wednesday, Sept. 21, 2022. From rising home prices to soaring interest rates, it’s a daunting time to be a home buyer. To achieve homeownership, some single buyers are trying a different approach: co-buying with friends or family members. But co-buying isn’t a short-term hack – it’s a lifestyle shift. Before you team up, experts recommend having vulnerable conversations about your finances and long-term goals. If you have patience to navigate the obstacles, co-buying can be a uniquely satisfying way to own a home. Plus, for those who are single, the investment comes with an inflation-proof dividend: companionship. (AP Photo/Nam Y. Huh)

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