What is property co-ownership or co-investment?
Co-ownership is a strategy to beat the housing affordability crisis where individuals buy property together under a legal contract. Each party involved in the purchase is known as a co-buyer or co-investor. Co-buyers are typically looking for people to buy a house to live in with their other co-buyers. Instead of sharing a flat that they are renting, sometimes people want to be putting the money into an asset rather than their landlords pockets! Co-investors on the other hand do not want to live in the property, but want to purchase it as an investment and to rent out the property to tenants to generate income and to pay off the mortage. It’s really that simple and My Property Partner was created to show you how!
