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How Co-Buying Can Help You Achieve Your Real Estate Goals

Maynard Wagner

Maynard Wagner leads the team with over 17 years of experience serving the greater Seattle and Eastside areas...

Maynard Wagner leads the team with over 17 years of experience serving the greater Seattle and Eastside areas...

Aug 30 2 minutes read

If you think you can’t invest in real estate because you can’t afford it, think again. Doing a co-buy can help you become a homeowner.

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If you want to invest in real estate but you can’t do it on your own, you should consider Co-Buy.

A co-buy relationship is where two or more unmarried people purchase real estate together. This relationship is often beneficial in the case of a parent helping one of their adult children, a group of friends purchasing together, or somebody who wants to be able to afford a bigger home than what they can afford on their current budget.

One-third of transactions in Seattle are considered co-buys, but this type of situation introduces a lot of complexities. For instance, who pays for what? Who carries the down payment? Who carries the monthly mortgage payment? There’s a lot of risk involved, but if managed properly, the benefits far outweigh the risks.

With that being said, we want you to know that we can help facilitate a co-buy transaction if you’re interested in pooling your resources together with someone else to invest in real estate. Not only do we understand the co-buy process, but we’re a part of a company called CoBuy. We’re CoBuy-certified™ agents, and this company also includes CoBuy-certified™ lenders, attorneys, and CPAs.

"There’s a lot of risk involved, but if managed properly, the benefits far outweigh the risks."

If you have any questions about the co-buy process or you have any other real estate needs, don’t hesitate to reach out. I’d be happy to help you.

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