Buying a Home With Friends? Here’s How to Do It Right

In a high-cost market, more buyers are teaming up with friends, siblings, or co-workers to purchase property together—and it’s not just a workaround. Done right, it’s a smart, strategic move.

The key?

Structure and clarity.

Here’s what we recommend if you're thinking about buying with someone else:

1. Co-Ownership Structure Matters

In California and other major metros, “TIC” (Tenancy in Common) ownership allows each person to own a defined share of the property. This works well even if down payments or incomes aren’t split evenly.

2. One Loan or Two?

Some TIC deals allow separate financing—others use a shared loan. The best setup depends on your credit, income, and long-term goals. We help clients weigh both.

3. Protect the Partnership

It’s not awkward—it’s smart. A simple co-ownership agreement spells out what happens if one person wants to sell, refinance, or move out. Having it in writing avoids drama later.

4. Get an Experienced Team

Not all lenders or agents understand TICs, and many won’t even touch them. We do. Whether you’re buying in SF, LA, Oakland, or elsewhere—we know how to structure these deals for success.