<prompt> Human: So after talking about it for months I have decided that myself and 4 of my HighSchool friends want to buy a home. Before you mock anything or say how dumb the idea is let me finish. So I myself am self employed and buy and sell figures, currently working on building up inventory so I can lower prices and sell it all to build up some savings, currently have 23,000 of stock and 35,000 in my collection that I am willing to sell if need be. My friends all have 5,000 currently saved up and are working minimum wage jobs at roughly 20 hours a week to also save up. I have budgeted everything I have thought of here: The house is a 90,000 house with a 18,000 down payment, any additional help would be great and I will add anything you guys can think of, thanks  <response>: splitting any asset 5 ways is not going to be pretty. What are your plans if someone wants out? How will the contract be written? Whos name is going on the mortgage and taxes? What is the plan if a roommate doesnt pay? In general this seems like an awful idea, maybe one person buy the house and assets and rent to the others, but it appears that none of you are in a position to get a mortgage. 