4 of my good friends and I are going to be new grads starting jobs in the bay this coming year. We all have good new grad salaries and we're wondering how practical it would be for us to buy a house a few years from now. Ideally we would all be responsible for 1/5th of the down payment and mortgage. How feasible is this? Is there anything in particular to consider? Are we being naive?
This has bad news written all over it, almost every time I’ve seen folks that aren’t married/in a relationship do this it ends badly.