Family financing or family feud?
Buying property with friends and family can be a risky proposition, but if it works, it can be a strategic pathway to investment success.
Going in with a friend can be an easier way the climb the property ladder, but that's not to say there aren't risks involved. Photo: Shutterstock (Image source: Shutterstock.com)
In terms of eliciting a split decision from the judges, this one has to be right up there with the most contentious of boxing bouts.
Buying property with siblings, family and friends — ask any mortgage broker, banker or real estate agent about close kin co-financing a property purchase and they’ll usually reveal their inner doubts through an involuntary tic, raised eyebrow or pursed lips.
Money coach and founder of finance business Golden Eggs…
