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Investing in a week-end House Or Apartment With Friends: Can It Be A Real idea that is good?

Investing in a week-end House Or Apartment With Friends: Can It Be A Real idea that is good?

For individuals who can’t pay for an additional house by themselves, sharing one provides a solution that is tempting.

By Joanne Kaufman

Amanda Hembree casually raised this issue over martinis 11 years back.

“What about purchasing a house together? weekend” she asked Marla D’Urso, a friend that is close.

The 2 ladies, whom lived in Manhattan, had traveled together usually and incredibly amiably, and had been constantly trying to find places to be on weekends. It absolutely was 2008, the stock exchange had recently crashed, with house costs tanking in tandem, generally there were deals to be enjoyed. And also at the right time, neither girl was at a relationship.

“So we thought, ‘what exactly are we looking forward to? We don’t must have our personal families for this,’” said Ms. Continue reading Investing in a week-end House Or Apartment With Friends: Can It Be A Real idea that is good?