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Updated over 4 years ago,
House Hacking partner 50/50
I was just wondering if anyone had ever considered doing a house hack with a partner 50/50 where you would buy a duplex and each live in one side, with the intention of eventually moving out and renting out one or both sides when ready? It seems like this might be a good way for two people to buy something and share the risk, but there also might be drawbacks to this type of arrangement that I am not thinking about, and would like to hear opinions on this.
I had thought about doing something like this in the Sacramento area where I live, due to the costs of buying one alone - I just don't want to take on that much debt right now. But I know there's always drawbacks with bringing a partner in. Thoughts?