Buying a House with Friends: Pros, Cons, and Strategies - With John and Nicola Kefalianos

Buying a House with Friends: Pros, Cons, and Strategies   There is an increasingly popular option of buying property, which is buying with friends or siblings.   In this episode, John and Nicola Kefalianos explore this option. With interest rates on the rise and borrowing capacity limited, many are looking for creative ways to enter the property market.   John, a seasoned mortgage broker and property developer, shares valuable insights on how pooling resources can lead to better quality investments and potential capital growth.   They discuss the importance of choosing the right partner, establishing shared goals, and preparing for potential risks, including how to handle situations where one party may struggle to make repayments.   If you're a first-time buyer or feeling overwhelmed by the property market, this episode is a must-watch! Discover how collaborating with a friend or family member could be the key to achieving your property dreams. Click on this episode now!     Chat with John about how much you can borrow:[email protected]   Finance Lab:https://www.financelab.com.au/       Disclaimer: This podcast provides general information only and is not legal, financial, or professional advice. Listeners should seek personalised advice from licensed professionals for their individual circumstances. The hosts and guests are not liable for actions taken based on this content. Opinions expressed are those of the hosts and guests, not any official institution.See omnystudio.com/listener for privacy information.