<prompt> Human: EDIT: Thanks for all the responses everyone. Ive decided Im not going to propose to do this based on multiple peoples advice.So heres the scenario. I dont have good enough credit to be approved for a mortgage myself I had some issues in the past with defaulting on a student loan payments and missing credit card payments a bunch. However, I now have it together and am coming into some money soon 40k - 50k.I have a friend that is looking into buying a house right now probably a duplex or a triplex to rent out a portion. I havent talked to him yet, but I was thinking he may be open to an idea surrounding buying together.. My thoughts were that since I will have a significant amount of money for a downpayment houses in this area that would fit the bill would be around the 200k range maybe something could be worked out where I paid more of the downpayment in exchange for being able to get in on buying the place since I wouldnt be able to get a mortgage otherwise and dont have someone who would cosign.So my question is.. has anyone ever encountered or thought of a joint deal like this? And if so, what would be the extra amount I should pay to be equally fair to both parties the extra payment in exchange for being able to get the joint mortgage and get into the housing market Thanks!  <response>: I would strongly advise against doing this. Unless you are teaming up with a spouse or close family member, I think that is always going to be more headache than it is worth in the long run. Just build up your credit, and if you really want to enter the housing market try and negotiate with mortgage lenders once you have the money to make a large down payment they are more likely to disregard credit issues if you are bringing more up front. 