How to Buy Your Dream Home with Friends

Let’s be real! Homeownership has gotten out of control. Prices are too high. Incomes are too low. And somehow you’re expected to save six figures while paying $2K for rent and UberEats?

Here’s the truth that’s not going viral: you don’t have to do it alone. Co-buying with friends, it’s a smart, intentional path to financial freedom and a way to build wealth together. If you’re tired of throwing money at rent or ready to take the leap with people you trust, this is your guide.

The Real Perks of Buying a Home with Friends

Co-buying isn’t just cheaper. It’s smarter. Here’s why:

• More buying power = better homes in better neighborhoods

• Split the costs, from down payment to maintenance

• Co-own with people you actually like (no weird roommate situations)

And if you’re thinking it’s scary? That’s where we come in. Pairgap gives you the tools and blueprint to do this the right way, so your friendship and your finances thrive.

Choosing the Right People to Go In On a House With

Buying property with friends is part squad goals, part partnership. This isn’t about just liking the same shows; it’s about alignment.

Ask yourselves:

• Are our financial habits aligned?

• Can we be honest when money gets uncomfortable?

• Do we share the same vision for the property (live-in? rent out? flip?)?

• Will we have each other’s backs and set the right boundaries?

Financing as a Team: What to Know

Lenders are going to look at every co-buyer on the loan. That means the lowest credit score in the group sets the tone. So get on the same page early.

Here’s what to do:

• Check everyone’s credit

• Get pre-approved as a group

• Talk to a lender who understands co-buying (we’ve got referrals)

• Decide how you’re splitting the mortgage, and get it in writing

Pro tip: A shared bank account for joint expenses = less mess, more clarity.

Why You Need a Prenup Even If You’re Not Married (Non-Negotiable)

This is not optional. If you love your friends, protect them and yourself with a real estate prenup.

This agreement lays out:

• Who owns what percentage

• How bills are split

• What happens if someone wants out

• How you’ll resolve conflicts

At Pairgap, we make it easy to create your agreement with legal templates and advisors ready to guide you.

How to Find a Home That Works for All of You

House hunting with a group can be fun or chaotic. Here’s how to keep it moving:

• Start with a “needs vs. nice-to-haves” session

• Look for layouts that support shared living (think dual suites, private entries)

• Set your max budget and respect it

• Take turns leading: touring, researching, following up

You’re not just picking a house. You’re picking an investment. Choose like a team.

What Not to Do When Buying with Friends

Let’s save you from some common (and costly) mistakes:

• Skipping the legal stuff – just don’t.

• Not planning for exits – someone will want to move eventually.

• Letting stuff simmer – schedule monthly check-ins to talk money, repairs, vibes.

• Mixing money without clarity – use a joint account or digital tracker to keep it clean.

Co-buying works when everyone’s clear and everything’s documented. That’s where we shine.

Ready to Get Started?

This isn’t just about buying property; it’s about claiming your future. Together. Co-buying is how we fight back against a system that says we can’t afford to own. And guess what? We can. And we are.

 Here’s what to do next:

• Create a Pairgap Profile

• Try the Co-Buyer Calculator 

• Run the Partner Test

• Talk to your friends, and then invite them to a free strategy session

Because your dream home isn’t out of reach. It’s just waiting on the plan.