So me and a couple of my friends, 5 to be exact (there could be more but we're still figuring it out), are thinking about buying a home. We've established most basic things but I'm still worried on how this whole entire thing will go down in the future. I know that eventually most of us will move on and decide to eventually move out but then what happens to the house? Will one of us end up keeping it, will we rent it out to other people, sell it again? I'm just worried it may cause some sort of issue. If someone where to keep the house they'd have to pay back all the other people. Or if we end up selling it, we'd have to divide the money we got from selling the house between all of us. It's a lot. Now I'm just wondering is buying a home is a smart move or not. Should we just rent a home/apartment? Sorry if this doesn't make any sense, we're all pretty new to real estate and what not. We appreciate any feedback!
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source https://www.reddit.com/r/RealEstate/comments/k35fal/should_friends_buy_a_house_together/
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